wex definitions

unbundled legal services

See limited scope representation.

[Last updated in November of 2021 by the Wex Definitions Team]

unclean hands

See: clean hands doctrine

[Last updated in September of 2021 by the Wex Definitions Team]

uncodified

Uncodified means a principle is not written in legislative laws or statutes, but rather, exists only by virtue of the common law. That is, uncodified refers to practices or rules that exist solely through judicial decisions.

...

uncommitted credit facility

Uncommitted credit facilities are a short-term credit facility which are subject to the discretion of both the borrower and the lender. That is, the creditor has no obligation to extend credit to the borrower, and the borrower has no...

unconscionability

Unconscionability is a defense against the enforcement of a contract or portion of a contract. If a contract is unfair or oppressive to one party in a way that suggests abuses during its formation, a court may find it unconscionable and...

unconscionable

Unconscionable is an adjective that means without a conscience; unscrupulous; so unfair or unjust that it shocks the conscience. The adjective is frequently used in the context of contract law for contracts that have grossly oppressive and...

unconstitutional

Unconstitutional refers to anything that transgresses or is antithetical to a constitution, especially the United States Constitution. In the context of the U.S. legal system, if a law, policy, or action is deemed unconstitutional, it means...

uncontested divorce

An uncontested divorce is a divorce proceeding where the court formally grants the requested divorce without the need to go through significant portions of the adversarial litigation process. In short, an uncontested divorce is when the...

uncovered option

See: naked option.

[Last updated in July of 2024 by the Wex Definitions Team]

under the influence

The phrase “under the influence” refers to impairment, to any degree, of an individual’s ability to safely perform the activity in question as a result of the use of alcohol, drugs, or a combination of both.

If a person is...

Pages