USE TAX A

the name given to tax that is placed on property that is bought in one jurisdiction and then moved to another.

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USE VALUE

Economics. Value of goods and services relates to mode of use or a cash equivalent and not to intrinsic value.

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USEFUL LIFE

Period during which an asset will be able to be used.

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USENET

User’s network. Largest electronic bulletin board in the world.

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USER

Body with authority to use equipment, applications, systems, etc. But may not be the item’s buyer.

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USER COST

Economics. Machine or capital assets reduced value by using it.

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URBAN EASEMENT

the right a person has when his property faces a street to have access, light, air and an entrance an exit to an from his property.

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URBAN RENEWAL

Process of improving an urban neighborhood.

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URBAN SERVITUDE

City servitudes, or servitudes of houses, are called “urban.” They are the easements appertaining to the building and construction of houses; as, for instance, the right to light and air, or the right to build a house so as to throw the rain- water on a neighbor’s house. Mozley & Whitley; Civ. Code La. 1900,

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