Unsecured Loan
An unsecured loan is a loan that isn’t backed by collateral. Lenders rely on the borrower’s creditworthiness and financial stability. Because of higher risk, unsecured loans often carry higher interest rates. Examples include credit cards, personal loans, and some types of corporate financing.
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Unpaid Expenses
Unpaid expenses are costs incurred but not yet paid at the end of an accounting period. They are recorded as…
Unappropriated Retained Earnings
Unappropriated retained earnings are the portion of net income not designated for a specific purpose (like dividends or reserves). They…
Unit Cost
Unit cost is the total expense incurred to produce, store, and sell one unit of product or service. It includes…
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