Oxford Business English Dictionary for Learners of English

UK SIC /ju: kei ,es ai 'si:/ abbr United Kingdom Standard Industrial Classification of economic activities in the UK, a

system in which industries and services are given a code to show which type of economic activity they are involved in, for reference and research purposes ISIC, NACE, NAICS

ultimate con'sumer [also .ultimate 'customer)

noun [C]

(Marketing) the person who actually buys or uses a particular product: The ultimate consumer pays considerably more than the manufacturing price.

isyn] end-usf.r

ultimatum /.Alti'meitam/ noun [c] (plural ultimatums or ultimata)

a final warning to a person, group or country that if they do not do what you ask, you will take action against them: The management issued an ultimatum to employees to accept the offer or risk redundancy.

ultra vires /.Altra 'vairi:z/ adjective (Law) (about the action of a person, company or government) beyond legal or official powers: an ultra vires transaction ►.ultra 'vires adverb: The directors were judged to have acted ultra vires and therefore unlawfully. СЫН Ultra vires is a Latin phrase.

u/mabbr a short way of writing undermentioned

umbrella /лт'Ьге1э/ noun [C] a thing that contains many parts or elements: There are 22 companies operating under the umbrella of SRC Holdings Corp. о The Pakistan Tea Association is an umbrella organization for all importers. О an umbrella brand/company/group/organization

UMTS / ju: em ti: "es/ abbr Universal Mobile Telecommunications System

a system for sending information between mobile phones/cellphones: UMTS licences/networks/services unaccounted fot 582

unaccounted foradjective [not before noun] a thing that is unaccounted for is missing, for example from an account or an amount of money, and people cannot explain why: $30 000 of the money is still unaccounted for. -> account for at account verb (2, 3)

unachievable .Ana'tjnvabl/ adjective that you cannot manage to reach or obtain: The sales targets proved unachie\'able. [opp] achievable

unadjusted .Ana'd^stid adjective [usually before noun]

about data that has not been changed to make it more suitable or more accurate: the unadjusted unemployment figure -> adjust

unanimous ju:^!naenimas adjective

if a decision or an opinion is unanimous, it is agreed or shared by everyone in a group: a unanimous vote о The decision u-as not unanimous.

if a group of people are unanimous, they all agree about sth: Local companies were unanimous in their backing for the project

u nanimously adverb

unaudited An'D:ditid adjective Accountingi about financial accounts that have not been examined by an auditor: half-yearly unaudited financial results о They didn't want to do business with an unaudited company. -> audit verb i.l

unaudited accounts/balance sheets/figures/results/ statements

unauthorized -ised An'o^ararzd. adjective without official permission: Staff are issued with passwords to prevent unauthorized use of the computer system, о She was sacked for making unauthorized payments to suppliers. -> authorize See note at copy

unbalanced .An'baelanst adjective [usuall> before noun]