U

UAT
user acceptance test
UCITS
Undertakings in Collective Investments in Transferable Securities
Underwriter
An underwriter guarantees to the company that the funds sought will be raised and any shortfall will be taken up by the underwriter and the funds will be available at a specific time.
Ups
uninterrupted power supply

V

VAT
Value added tax
VEF
Vendor Electronic Filing System
Volatility
Measure of the amount of fluctuation in price of the underlying security calculated using the standard deviation of average daily price change.
VSR
Volatility Scan Range
Warrant
A certificate, usually issued along with a bond or preferred stock, entitling the holder to buy a specific amount of securities at a specific price, usually above the current market price at the time of issuance, for an extended period, anywhere from a few years to forever.
WFE
This is the abbreviation of World Federation of Exchange. It is the organization of the world’s stock market, headquartered in Paris. Its former name is Federation Internationale des Bourses de Valeurs (FIBV). WFE encourages cooperative policies designed to stimulate a free flow of capital across national boundaries.

X

XBRL
eXtensible Business Reporting Language

Y

Yield to Maturity
The yield of a bond to maturity takes into account the price discount from or premium over the face amount. It is greater than the current yield when the bond is selling at a discount and less than the current yield when the bond is selling at a premium.

Z

Zero Coupon Bond
A bond which pays no interest but is priced, at issue, at a discount from its redemption price.