Glossary of Export Import Trade Terms Starting with - U |
Words |
Description |
Unbiased Expectations Hypothesis |
The hypothesis that forward exchange rates are unbiased predictors of future spot rates. |
Uncertainty Avoidance |
The extent to which a society tolerates uncertainty and ambiguity. |
Unemployment Rate |
The ratio of the total number of unemployed persons to the total number of persons in the labor force. |
Unique Identifier Number(UIN) |
This inventory method controls merchandise in a zone by unique numbers and/or letters that identify merchandise admitted to a zone. |
Unlevered Beta (Systematic Business Risk) |
The beta (or systematic risk) of a project as if it were financed with 100 percent equity. |
Unlevered Cost of Equity |
The discount rate appropriate for an investment assuming it is financed with 100 percent equity. |
Unsustainable Debt |
A financial condition in which a country is unable to service its foreign (external) debt without decimating its economy. |
Unsystematic Risk |
Risk that is specific to a particular security or country and that can be eliminated through diversification. |
User |
A person or firm using a zone for storage, handling or processing of merchandise. |
Usury |
The practice of charging or paying exorbitant interest on a loan or other transaction. Note: in Islamic societies, charging or receiving any amount of interest is considered usury. |