unit
An item that can be changed for another. For example, in the forex market, a U.S. dollar is a single unit of currency used in the United States, similar to the Pound Sterling used in the United Kingdom and the Yen used in Japan. A unit can also refer to the minimum amount of an asset regularly traded, like a unit of 100 shares in the stock market.
Browse by Subjects
offer price
Ratio Write
cumulative weighted average cost
unit cost
Supply Elasticity
See All Related Terms »

Commodity-Product Spread
time in force
rounded top
tax incentive
Chartered Institute of Public Finance and Accountancy