Los Angeles, CA -- (ReleaseWire) -- 10/30/2012 -- The Free Dictionary recently posted a number of new definitions for the acronym UBP, helping readers around the world better understand what these uncommon letters often stand for. Currently, 15 definitions exist for people to sift through and see if one matches the context.
With the update, three definitions were added. Upper Boundary Point, Usage Based Pricing and Union Bancaire Privee all fit the acronym and were confirmed as acceptable uses for UBP. Those who see terms such as UBP Madoff and inside Union Bancaire Privée can assume that UBP stands for the Swiss asset management bank owned and operated by Edgar de Picciotto. The impressive growth of the capitalized private bank has made it perhaps the most common use of the acronym UBP.
The website hopes to continually monitor this definition, as well as others in the near future. More people than ever are using acronyms for shorthand online, meaning the website will continue to be one of the leading sources for quick information on unknown uses.
To learn more about UBP, or any other abbreviation, visit http://acronyms.thefreedictionary.com/UBP.
The Free Dictionary is a website that provides numerous definitions for any type of word or phrase currently used in the English language. The acronym section also provides an in-depth look at all possible meanings throughout the world. Currently, the website is free to use, and updates can be submitted by users.