unemployed
 - not in employment or receiving any regular salary; not self-employed. (Could be receiving state benefits.)

unemployment insurance
- see - accident, sickness and unemployment insurance(ASU).

unencumbered
- property that is owned without borrowing or other legal charge over it.

unitised with profits
- a form of with-profits endowment which gives the insurer the ability to adjust, in certain circumstances, the value of bonuses already allocated.

unit linked
- investments purchased within a collective investment fund, the price of which is denominated by the underlying value of the investments within the fund.

unsecured loan
- a loan where the lender has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher interest rate than a secured loan.