More than one class of securities traded together ( e.g., one common share and three subscription warrants ). Bloomberg Financial Dictionary
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Securities representing a portion of assets pooled by investors: run by a management company whose share capital remains separate from such assets, e.g. a number of shares. Euroclear Clearing and Settlement glossary
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More than one class of securities trading together as one ( e.g. a stock and a warrant). Exchange Handbook Glossary
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unit u‧nit [ˈjuːnt] noun [countable]
1. a single complete product made by a company:
• Output is now up to 150,000 units each month.
• The unit cost (= cost to make one unit ) of the computer system comprised about 80% materials, 15% overheads and 5% labour.
• Unit sales (= number of units sold ) of watches climbed about 35% last year.
2. a company, organization, or group that is part of a larger company, organization, or group:
• The computer maker agreed to sell its Network Services unit.
unit of
• the fiber optics business unit of Tyco Electronics
• She works in the production unit.
in the US, a group of employees officially appointed to take part in discussions between employers and unions about levels of pay, working conditions etc
a group of people in a company or other organization involved in making an important decision, especially a decision about buying something:
• It is useful for a seller to know the degree of pressure on key members of the decision-making unit.
straˌtegic ˈbusiness ˌunit
abbreviation SBU HUMAN RESOURCES a part of a business that can be thought of as separate from the rest of the business because it has its own market and needs to make a profit in its own right:
• One vice-president is accountable for several strategic business units.
3. an amount or quantity of something used as a standard of measurement:
strategic business unit of
• The dollar is the basic unit of currency in the US.
eˈmissions ˌunit
FINANCE an official right allowing a company to send a specific amount of harmful gasses or other substances into the air
• The company is splitting its 5p nominal shares into units of 2.5p to increase their marketability
accumuˈlation ˌunit
• He is renting a factory unit as a workshop.
6. a piece of machinery which is part of a larger machine:
• This is the control unit for the central heating.
ˌcentral ˈprocessing ˌunit abbreviation CPU
COMPUTING the part of a computer that controls and organizes all its activities:
• Some systems are too centralised and need a big expensive central processing unit to work.
the part of a computer in which information is stored;
= MEMORY* * *
unit UK US /ˈjuːnɪt/ noun [C]
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The training course is divided into five units, and takes place over five days.
► WORKPLACE »
Shares in the pharmaceutical company shot up to 2575p after the sale of its chemicals unit.
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Cellphone companies are still on the rise, but most of them are units of the traditional telcos.
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a business/operating unit
► FINANCE »
Your investment purchases units that are linked to the Performance Fund.
► PROPERTY »
industrial/office units
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a housing/residential unit
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an air-conditioning unit
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kitchen/shelving/wall-mounted units
► PRODUCTION »
Last year the company cut domestic production to 3.1 million units.
► MEASURES »
Women are advised not to consume more than 14 units of alcohol a week.
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a unit of energy/measurement