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

This term encompasses all the debt instruments issued by the U.S. Treasury in order to borrow money to help run the federal government. Treasury bills mature in less than one year; Treasury notes mature between one and 10 years; Treasury bonds mature after at least 10 years.