See SEAWORTHY … [Read more...]
UPTIME
The time that something is operational and in working order. The opposite of downtime. … [Read more...]
UNSECURED DEBT
A debt that does not have a security or collateral pledged. In the event he debtor defaults, the creditor cannot seize any property which the loan may have been used to purchase. The creditor may only sue for money damages pursuant to a judgment. See Secured Debt. … [Read more...]
URBAN
Relating to a city; but in a more general sense it signifies relating to houses. … [Read more...]
UNSECURED LOAN
A loan that is not secured by a security and is obtained on the strenght of the borrower's reputation. … [Read more...]