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l-text">Last updated: 22 Feb, 2017  
SME Glossary
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Glossary of Export Import Trade Terms Starting with - U
Words   Description
Unbiased Expectations Hypothesis The hypothesis that forward exchange rates are unbiased predictors of future spot rates.
Uncertainty Avoidance The extent to which a society tolerates uncertainty and ambiguity.
Unemployment Rate The ratio of the total number of unemployed persons to the total number of persons in the labor force.
Unique Identifier Number(UIN) This inventory method controls merchandise in a zone by unique numbers and/or letters that identify merchandise admitted to a zone.
Unlevered Beta (Systematic Business Risk) The beta (or systematic risk) of a project as if it were financed with 100 percent equity.
Unlevered Cost of Equity The discount rate appropriate for an investment assuming it is financed with 100 percent equity.
Unsustainable Debt A financial condition in which a country is unable to service its foreign (external) debt without decimating its economy.
Unsystematic Risk Risk that is specific to a particular security or country and that can be eliminated through diversification.
User A person or firm using a zone for storage, handling or processing of merchandise.
Usury The practice of charging or paying exorbitant interest on a loan or other transaction. Note: in Islamic societies, charging or receiving any amount of interest is considered usury.
 
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 14 Jul, 2020
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