Underwriter

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A person who assesses the risk and eligibility of an insurance company’s potential client. On the Stock Market, an organisation, such as a bank, that agrees to purchase any unsold shares which are offered for sale by a company.

Undischarged Bankrupt

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A person who has officially been declared bankrupt but has not yet been given permission to start another business, and must not stop paying debts which are still owed.

Unemployment

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An economic situation in which jobless people, often those who have been made redundant from their jobs, are actively seeking employment.

Unique Visitor

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Describes a person who visits a website, as one unit, even if they have made several visits to the same site in a particular period of time, usually 24 hours.

Unit Trust

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A fund which raises money from a number of investors, usually investing only a small amount each, which is then invested on their behalf by a fund manager in a range of shares, securities, bonds, etc.