Tooltip Categories: Economics & Finance

usury rate

A rate of interest that is usually considerably above current market rates. Usury rates are often charged by unsecured lenders on loans. These rates can

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usufruct

A right of enjoyment, enabling a holder to derive profit or benefit from property that either is titled to another person or which is held

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upward

Moving or leading towards a higher level. (source: http://www.wordreference.com/definition/upward)

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update

To revise something so that it is always up to date. (source:http://www.investorwords.com/11435/update.html)

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user

A person who uses or operates something. (source: http://www.oxforddictionaries.com/definition/english/user)

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unpaid

Not yet paid. (source: http://www.thefreedictionary.com/unpaid)

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unqualified opinion

Auditor’s opinion of a financial statement, given without any reservations. Such an opinion basically states that the auditor feels the company followed all accounting rules

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United Nations Development Program [UNDP]

The UN’s global development network, advocating for change and connecting countries to knowledge, experience and resources to help people build a better life. (source: http://www.undp.org/content/undp/en/home/operations/about_us/frequently_askedquestions/#undp)

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United Nations Organization [UNO]

The United Nations is an international organization founded in 1945 after the Second World War by 51 countries committed to maintaining international peace and security,

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