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What does U/C stand for?

U/C stands for Unapplied Cash

This definition appears rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of U/C

Other Resources:
We have 26 other meanings of U/C in our Acronym Attic

Samples in periodicals archive:

What was done to conceal the fraud: The perpetrator hid bad debt by having customers sign promissory notes, moving the account receivable to a note receivable; changing the date on invoices to adjust the account age; using placeholder credits to make it look as if payments had been made on accounts when they actually had not; and using unapplied cash to credit customer account balances.