Latin phrase meaning ´beyond powers´; their action was ultra vires = they acted in a way which exceeded their legal powers; see INTRA VIRES
Undeposited funds account (UBR)
noun tax levied on business property which so the same percentage for the whole country
A situation in which nothing is known about the likely probabilities of future events. It can this be distinguished from Risk where probabilities can be estimated.
Uniform Business Rate