A profit or loss that has not yet been finalized and recognized, e.g. the rise in stock is an unrealized gain until the stock is sold and converted into money whereby the seller would realize a gain on the sale. … [Read more...] about UNREALIZED PROFIT or LOSS
UNLAWFUL SEARCH
When a search of a person or their property is conducted in violation of law. … [Read more...] about UNLAWFUL SEARCH
UNJUST ENRICHMENT DOCTRINE
A legal principle where someone who received a benefit which they did not deserve should not be able to retain the benefit without compensation to the party providing the enrichment. A concept of fairness and equity. A person who realizes that a paitner is painting the wrong car but stands silent allowing the painter to finish the job will not be able to retain the benefit … [Read more...] about UNJUST ENRICHMENT DOCTRINE
UNQUES PRIST
L. Fr. Always ready. Cowell. Another form of tout temps prist. … [Read more...] about UNQUES PRIST
UNNATURAL OFFENSE
The infamous crime against nature; i.e.t Sodomy or buggery. Uno absurdo date, innnita sequuntur. Coke, 102. One absurdity being allowed, an infinity follows. … [Read more...] about UNNATURAL OFFENSE