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Financial terms starting with "U"

1. Username

2. Unloading

3. UNICRI

4. unanimously

5. unseaworthiness

6. unlevered free cash flow

7. USD

8. Usury

9. Unused Extraction

10. University User

11. Unbiasedness

12. Unbiased Error

13. underlying mortgage

14. Unisex Mortality Table

15. unregistered

16. UCLA Anderson School of Management

17. Ultimate Control Enterprise

18. Uruguay Peso

19. USPAP

20. umbrella liability policy

21. Urban Population

22. upside/downside ratio

23. Union Security Agreement

24. Underwriter Syndicate

25. upset date

26. unit of trade

27. unit linked

28. unity of time

29. UNIDO

30. under counter lavatory

31. undervalued

32. utility room

33. uncovered bear

34. uptrend

35. US

36. universal savings account

37. Uncle Sam

38. UG

39. underwriting member

40. underwriting class

41. U.s. Department Of Housing And Urban Development

42. Underwriting income

43. unitise

44. UMI

45. Unladen Sea Traffic

46. Unique risk

47. undivided interest

48. Uniform transfers to minors act

49. unrecorded revenue

50. undisclosed spouse

51. underground plumbing

52. Ultradot

53. Unit Of Measure

54. underpinning

55. Unemployed Eurostat

56. union

57. Unified credit

58. Uniform Gift to Minors Act

59. uniform resource locator (URL)

60. Uses (transactions In Current Accounts)

61. USA

62. Unvigintillion

63. Ultrafast Trading

64. Unit Labour Costs - OECD

65. Unrealized gain

66. Unified Managed Account (UMA)

67. Unemployment Benefit

68. upswing

69. unlisted stock

70. Unitized Endowment Pool (UEP)

71. unit-linked insurance

72. unrecorded deed

73. Unencumbered

74. Underwriting Expenses

75. ultimatum

76. URL

77. Unlisted Securities Market

78. unfavourable

79. underground storage tank

80. Unconditional Vesting

81. unleveraged

82. Upwardly Mobile

83. Upfront Mortgage Broker (UMB)

84. U.S. Savings Bond Adjustment

85. Up-conversion

86. Uniform Principal And Interest Act

87. Unoctogintillion

88. Unrelated Business Tax Income

89. uniform settlement statement

90. use density

91. Unmargined account

92. underfloor raceway

93. UGMA

94. unbanked

95. urban sprawl

96. unplanned retention

97. under contract

98. Uniform Commercial Code (UCC)

99. Unfair Competition

100. Unilateral transfers

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Featured term of the day

Definition / Meaning of

Competence

Categories: Insurance, Personnel Management, Business and Management, Legal, ,

an acquired personal skill that is demonstrated in an employee's ability to provide a consistently adequate or high level of performance in a specific job function. Competence should be distinguished from competency, although in general usage the terms are used interchangeably. Early attempts to define the qualities of effective managers were based on lists of the personality traits and skills of the ideal manager. This is an input model approach, focusing on the skills that are needed to do the job. These skills are competencies and reflect potential ability to do something. With the advent of scientific management, people turned their attention more to the behavior of effective managers and to the outcomes of successful management. This approach is an output model, in which a manager's effectiveness is defined in terms of actual achievement. This achievement manifests itself in competences, which demonstrate that somebody has learned to do something well. There tends to be a focus in the United Kingdom on competence, whereas in the United States, the concept of competency is more popular. Competences are used in the workplace in a variety of ways. Training is often competence based, and the United Kingdom National Vocational qualification system is based on competence standards. Competences are also used in reward management, for example, in competence-based pay. The assessment of competence is a necessary process for underpinning these initiatives by determining what competences an employee shows. At an organizational level, the idea of core competence is gaining in popularity.

Most popular terms

1. Nonprofit
2. Prohibited Transactions
3. Disclosure
4. Manufacturers Output Policy (MOP)
5. EBIDTA
6. National Association Of Securities Dealers Automated Quotations System
7. Budapest Stock Exchange (BSE)
8. Call Option
9. Synthetic Investment
10. Building Ordinance Coverage

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