Underwriting                                                                                                                                                               The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality and value of the property in question.

Unsecured Loan                                                                                                                                                            A loan that is not backed by collateral.

Usury                                                                                                                                                                            The charging of an excessive interest rate on a loan over the amount allowed by law.