unit convertible

Unit Convertible

A convertible security that differs from most other convertible securities because it may be changed into a portfolio or other package of investments rather than a certain number of shares in common stock.

unit convertible

A security that is convertible into a package of assets or securities rather than into a specified number of shares of a single common stock.
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Standard features: Modular construction, three screw diameters, injection unit convertible to vertical parting-line position; injection unit movable horizontally for off-centered injection (Vario principle) on 77-ton model; Selogica control with graphical sequence programming and integrated robot and peripheral-device programmability.
injection unit convertible to vertical parting-line position, Selogica control with graphical sequence programming and integrated robot and peripheral-device programmability.