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Unit
(redirected from Units)

    Also found in: Medical, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Unit
More than one class of securities traded together (e.g., one common share and three subscription warrants).
unit
See specialist unit, unit of trading, unit share.
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.


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