UPLINK

Link in communication from the ground to an orbiting satellite. Opposite of downlink.

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UPSTREAM INDUSTRIES

Industrial firms processing raw materials into an unfinished product to be completed by someone else.

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UPLOAD

Data transfer from a client or local computer to a server or remote computer.

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UPSTREAMING

Transfer of income to a tax haven by internal billing processes. See transfer price.

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UPPER CLASS

Social class different classes beneath it due to its power and influence. Less than 1% of population but may control up to 2/3rds of national wealth.

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UPTICK

Transaction of stock markets where a new quote or transaction is higher than the last one. Also known as a plus tick.

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UNSOUND MIND

A person of unsound mind is an adult who from infirmity of mind is incapable of managing himself or his affairs. The term, therefore, includes insane persons, idiots, and imbeciles. Sweet. See INSANITY. And see Cheney v. Price, 90 Hun, 23S, 37 N. Y. Supp. 117; In re Black’s Estate, 1 Myr. Prob. (Cal.) 24; In re Mason, 3 Edw. Ch. (N. Y.) 3S0; Hart v. Miller, 29 Ind. App. 222, 04 N. E. 239; In re Lindsley, 44 N. J. Eq. 5G4, 15 Atl. 1, 0 Am. St. Bep. 913; Dennett v. Dennett, 44 N. H. 531, 84 Am. Dec. 97; Edwards v. Davenport (C. C.) 20 Fed. 758; Witte v. Gilbert, 10 Neb. 539, 7 X. W. 2S8; Stewart v. Lispenard, 20 Wend. (N. Y.) 300.

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UPFRONT COLLATERAL

When an institution takes collateral from the borrower right away to cover losses. Refer to periodic collateral.

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UNSTABLE

Tending to, or susceptible to decomposition or a physical or chemical unwanted change.

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UPGRADE

New version of hardware and software, equipment or a machine better than the last and more expensive.

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