General Finance

General Finance

Industry: Financial services

Add a new term

Contributors in General Finance

Become a Contributors

General Finance

unbiased expectations hypothesis

Financial services; General Finance

Theory that forward exchange rates are unbiased predictors of future spot rates. See Forward parity.

unbiased predictor

Financial services; General Finance

A theory that spot prices at some future date will be equal to today's forward rates.

unbundling

Financial services; General Finance

Separation of a multinational firm's transfers of funds into discrete flows for specific purposes. See: Bundling.

uncollected funds

Financial services; General Finance

The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn.

uncollectible account

Financial services; General Finance

An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay.

unconfirmed letter of credit

Financial services; General Finance

A letter of credit which has not been guaranteed or confirmed by any bank other than the bank that opened it. The advising bank merely informs the beneficiary of the letter of credit terms and ...

uncovered call

Financial services; General Finance

A short call option position in which the writer does not own shares of underlying stock represented by the option contracts. Uncovered calls are much riskier for the writer than a covered call, ...