Financial Dictionary

This dictionary contains:
24549
financial terms

Uninsured motorist insurance




Uninsured motorist insurance

Insurance that covers the policyholder and family if they are injured by a hit and run or uninsured motorist, assuming the other driver is at fault.

RELATED TERMS
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Insurance
A contract in which payment of premiums covers the insured against something which may, or may not occur.

Policyholder
An individual who owns an insurance policy.



SIMILAR TERMS
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Unincorporated joint venture
A joint venture in which the legal means of dividing the project's equity is by shareholdings in a company.

Uninsurable claims
Asset protection is required where you are exposed to potential claims for events or situations which are uninsurable or economically not feasible to insure.

Uninvested
Usually refers to cash that could be invested but is being held in reserve.



PREVIOUS AND NEXT TERMS
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Uniform securities agent state law examination
A test required in some states for registered representatives who are employees of member firms of the NASD or over the counter brokers.

Uniform Transfers to Minors Act (UTMA)
An extension to the Uniform Gifts to Minors Act that allows items other than cash or securities to be considered gifts.

Unilateral transfers
Items in the current account of the balance of payments of a country's accounting books that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the particular country.

Unincorporated joint venture
A joint venture in which the legal means of dividing the project's equity is by shareholdings in a company.

Uninsurable claims
Asset protection is required where you are exposed to potential claims for events or situations which are uninsurable or economically not feasible to insure.

Uninsured motorist insurance

Uninvested
Usually refers to cash that could be invested but is being held in reserve.

Unique diversification benefit
Reduction in the likelihood of financial distress for a conglomerate firm that comes with its diversified investments.

Unique risk
Specific company risk that can be eliminated through diversification.

Unissued capital
That part of a company's authorized share capital that has not yet been offered for sale.

Unissued stock
A company's authorized stock which has not yet been issued.

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This dictionary contains 24549 terms.







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