Terms Starting with U

In finance, 'free' refers to services or products provided without any direct cost to the consumer, often used as a marketing strategy to attract customers or promote other paid services.

Demand refers to the quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Generation X (Gen X) refers to the demographic cohort born between the early 1960s and early 1980s, known for its unique financial behaviors and challenges.

A government shutdown occurs when non-essential federal offices cease operations due to a lack of approved funding by Congress.

Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power over time.

A supply chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources.

In finance, a 'spread' refers to the difference between two prices, rates, or yields. It is commonly used to measure the discrepancy between the buying and selling price of securities or the difference between bid and ask prices.

The term 'Third World' historically refers to countries that were neither aligned with NATO (First World) nor the Communist Bloc (Second World) during the Cold War, often characterized by lower economic development and higher poverty rates.