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TeachMeFinance.com - explain Unbundling (functional unbundling) Unbundling (functional unbundling) The term 'Unbundling (functional unbundling)' as it applies to the area of reclamation can be defined as ' Electric service is traditionally provided on a bundled basis, meaning that generation, transmission, and distribution services are provided as a single package. By unbundling, the packaged offering of the various services that make up traditional utility service are separated into discreet, separately-priced components. An example would be selling electric power distribution as a separate service without including costs associated with power generation or transmission services. Unbundling could allow the customer to select a different supplier or source for each of the components required to obtain a product or service'. Previous 5 Terms: UMR Unaccounted for (crude oil) Unaccounted for (natural gas) Unassigned Claim Unbundling Next 5 Terms: Uncertainty Uncertainty factor Uncertainty range uncial unciform About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.