Unappropriated Profit
A company’s unutilized and undistributed profits.
Unbundling
Taking over a large conglomerate and continuing with its core business but selling it off some or all its subsidiaries to help pay for the takeover.
Undermargined Account
A MARGIN ACCOUNT which has fallen below the margin requirements as a result of overbuying or a rise in the price of shares. In such a situation the broker makes a MARGIN CALL to the client.
Undersubscription
it is a situation in which there are not enough applications for the purchase of an issue of shares
Undervalued Shares
Shares sold below their book value or the price earning ratio which analysts believer they deserve. Companies with undervalued shares are often targets of takeovers s their shares can be acquired cheaply.
Underwriter
A merchant bank or a financial institution which guarantees to buy some or all unsold shares of a new issue offered to the public.
Unissued Share Capital
Authorized shares but not yet issued portion of a company’s shares.A company may have an authorized share capital of Rs 30,000,000 of Rs 10 shares, i.e., 3,000,000 shares. It may choose to offer for subscription 2,000,000 shares in the fist instance. The 1,000,000 unissued shares may be offered later as a rights issue to the existing shareholders with or without a premium, or to the public, with or without a premium.