Category: U

Upward shift of an economic cycle from a recession to a steady state or expansion. Opposite of downturn.

In mercantile law. The common period fixed by the usage or custom or habit of dealing between the country where a bill is drawn, and that where it is payable, for the payment of bills of exchange. It means, in some countries, a month, in others two or more months, and in others half a month. Story, Bills,

Flow of information from lower levels to upper levels.

Feature of new software and hardware letting it work with more powerful versions of software and hardware. See downward compatibility.

Introducing a new product into a line of products that has a price point.

Populated built up area including a municipality with a population greater than 5000.

Top limit in quality control that is higher than the average on the control chart. Opposite of lower limit.

Highest concentration of a vapor or gas in air that is able to be ignited by an ignition source. Higher concentrations are ‘too rich’ to burn. Also known as upper flammable limit. See lower explosive limit.

The letters of an alphabet in capitals.

Something made to appeal to well to do classes with a price tag and design to match.