An Act adopted by a majority of states providing for a way that property may be transferred to minors while having an adult manage the property until the child reaches the age of an adult. See also a custodian. … [Read more...] about UNIFORM TRANSFERS TO MINORS ACT
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UNEMPLOYMENT INSURANCE (UI)
The federal and state governments created this program to provide financial benefits for a period of time after being laid off from work, typically 26 weeks but regulations change as tot he duration. The amount received by the unemployed person is based upon the amount of former pay and is considerably less than that salary. It is to help the unemployed person deal with the … [Read more...] about UNEMPLOYMENT INSURANCE (UI)
UNEQUIVOCAL
That which is free of doubt and manifestly clear. … [Read more...] about UNEQUIVOCAL
UNETHICAL
Lacking in ethics. Not ethical. Immoral or not adhering with the generally accepted practices and conduct of a profession. … [Read more...] about UNETHICAL
UNDER WATER
Slang term for a debtor who is owes on a loan far in excess of the value of the security for the loan, e.g. the current value of the home is far less than the outstanding mortgage. … [Read more...] about UNDER WATER
