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.
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European Currency Unit (ECU)
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in the money
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