Unit
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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.
2. One thing that may be exchanged. For example, one dollar is a unit of money.