Entire Section

  • [ U ] [ U ] [U.A.E.—Unrestricted Profit Sharing Account]

    • U.A.E.

      United Arab Emirates.


      Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]

    • Umbrella Fund

      Has the meaning given in CIR Rule 3.1.10

      [Added][VER8/04-06]
      [Amended] DFSA RM56/2008 (Made 1st July 2008). [VER17/07-08]
      [Amended] DFSA RM72/2010 (Made 11th July 2010) [VER23/07-10]

    • Undertaking

      Means:

      (a) a Body Corporate or Partnership; or
      (b) an unincorporated association carrying on a trade or business, with or without a view to profit.

      Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]

    • Underwriting

      An arrangement under which a party agrees to buy, before issue, a specified quantity of Securities in an issue of Securities on a given date at a given price, if no other party has purchased or acquired them.


      Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]

    • Unitholder

      In relation to a Fund, means any holder of a Unit in the Fund or of any right or interest in such a Unit, and whose name is entered on the Fund's register in relation to that Unit.

      [Added][VER8/04-06]
      [Amended] DFSA RM56/2008 (Made 1st July 2008). [VER17/07-08]

    • Unrestricted Profit Sharing Investment Account

      A PSIA in respect of which the investment account holder authorises the Authorised Firm to invest the account holder's funds in a manner which the Authorised Firm deems appropriate without laying down any restrictions as to where, how and for what purpose the funds should be invested.


      Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]

    • Unsettled Transaction [Deleted]

      [Deleted] DFSA RM114/2012 (Made 15th October 2012). [VER28/12-12]

    • US GAAP

      Generally Accepted Accounting Principles as issued and amended from time to time by the Financial Accounting Standards Board in the United States.

      [Added] DFSA RM143/2014 (Made 21st August 2014). [VER31/06-14]

    • User

      In relation to Providing Money Services or Arranging or Advising on Money Services, means a Client using that service and includes, in relation to a Payment Service, a Person acting in the capacity of payer, payee or both.

      Derived from DFSA RMI269/2020 (Made 26th February 2020). [VER47/04-20]