Category: U

Plan not qualifying for tax advantages as set by the Code.

L/C that has no restrictions about the bank chosen for negotiation.

L Fr. Ever; always. Ne ungues, never.

L. Fr. Always ready. Cowell. Another form of tout temps prist.

Transaction that has happened but not been paid for as yet.

Valuation amount of investors and loans exceeding cost basis of the investments and loans.

A portfolio with different maturity rates. It increases the risk exposure but also increases profit possible. Refer to gap, gapping, matched book, open book, and mismatch.

See crime against nature.

The Infamous crime against nature; f. e., sodomy or buggery. Uno absurdo dato, inflnita sequuntur. 1 Coke, 102. One absurdity being allowed, an infinity follows.

Statistical pattern of distribution where measurements are not clustered near the median.