PERSONAL FINANCE GLOSSARY

U.S. Savings Bonds

U.S. Treasury Bill

U.S. Treasury Bond

U.S. Treasury Note

U.S. Treasury Securities

Underwriter

Uniform Simultaneous Death Act

Unilateral

Uninsurable Risk

Universal Life Insurance

Unlimited Marital Deduction

Unsecured Debt

Represent loans to the federal government, to be repaid in full, with interest, at a specified future date known as the maturity date. Series EE and HH bonds issued today are sold at a 50% discount to face value (the amount paid at maturity).