Unit

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Unit

More than one class of securities traded together (e.g., one common share and three subscription warrants).
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

unit

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Ease into the burn with fiery red cayenne, which scores 30,000 to 50,000 heat units on the Scoville Scale.
RG-BFT flowers after receiving [approximately equals] 550 accumulated heat units (10 [degrees] C base temp) when grown under light periods ranging from 13 to 19 hr and using a light intensity averaging 410 mol [m.sup.-2] [s.sup.-1].
Piquin peppers are also not as hot: Tabasco peppers rank near the top of the scale in terms of spiciness--30,000 to 50,000 heat units (HU's) on the Scoville scale, which was developed by Wilbur Scoville in 1912 as a test to measure the hotness of different peppers.