Startup Glossary

Unit Market Share is the measure of a product`s sales volume in comparison to the total sales volume of all competing products in the same market.

Universal Access refers to the design principle and practice of making products, services, and environments accessible to all people, regardless of their abilities or disabilities.

A Universal Default is a clause in a credit agreement that allows lenders to increase the interest rates if the borrower defaults on an agreement with another lender.

Universal Service Obligation is a commitment by a company, often in telecommunications, to provide service to all customers within a region, regardless of profitability.

Unlevered Beta is a measure of how much risk a company`s equity has without the effect of debt, used in evaluating the volatility of a company without financial leverage.

Unlevered Free Cash Flow is cash flow from operations minus capital expenditures and changes in working capital, not taking into account interest or debt.

Unlevered Return is the return on an investment without taking into account the effect of financial leverage, providing a clearer picture of the investment’s performance.

Unlocking Value involves strategies or actions taken by a startup to release potential value within the company, often leading to increased investor interest or valuation.

An Unsecured Creditor is a creditor who has extended credit without obtaining specific collateral against the amount lent.

Unsecured Debt is a loan or credit not backed by collateral, relying solely on the borrower`s creditworthiness and promise to repay.

An Unsecured Loan is a loan that is issued and supported only by the borrower`s creditworthiness, rather than by any type of collateral.

Unsolicited Feedback is input or opinions about a product or service provided by users without the company specifically requesting it, offering valuable insights for improvement.

An Unsolicited Proposal is a proposal made by an entity seeking to sell or propose a project to a company, without the company requesting the proposal initially.

Unsustainable Growth is growth that cannot be maintained over the long term, often due to inadequate resources, planning, or market saturation.

An Up Round is a funding round where a company’s valuation has increased compared to its previous funding round, indicating growth and success.

The Up-Sell Ratio is the proportion of customers who purchase more expensive items or upgrades compared to those who purchase the basic version.

Update Frequency is the rate at which a company updates its product or service, which can impact customer satisfaction and competitive advantage.

An Update Memorandum is a document provided to investors updating them on a company’s progress, financial status, and future plans.

Upfront Costs are the initial, one-time expenses required before starting a new project, business, or initiative, critical for budgeting and financial planning.

Upfront Investment is the initial capital required to start a new project, venture, or to make an investment before any returns are realized.