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Unit |
Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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Unit More than one class of securities traded together (e.g., one common share and three subscription warrants).
Unit 1. A combination of securities or types of securities packaged together and bought and sold as one. For example, a preferred share may have warrants and/or common shares attached to it when it is sold. See also: Paired shares, Cum warrant. 2. One thing that may be exchanged. For example, one dollar is a unit of money. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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