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Alcoa to cut 15,200 jobs, slash spending - Brisbane Times
A SLIGHT rebound in base metals prices this week has failed to stem woes in the mining sector. Alcoa yesterday revealed it would take drastic action including slashing 15,200 jobs globally - although none in Australia - to help it weather weakness in ...

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Today's Mortgage Terms starting with U

  • Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
  • URLA: Uniform residential loan application.
  • Usury: Interest charged in excess of the legal rate as established by law.

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