Ultra Vires

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

<script src="//z-na.amazon-adsystem.com/widgets/onejs?MarketPlace=US&adInstanceId=60db7a78-aa21-4ead-afb5-ddc30a48f344"></script>