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.