What is the meaning of Unit?

Unit is a bundled securities position. One example is the combination of stock warrants with a convertible bond. These two combined positions, particularly, in the context of a new offering are considered as a unit.

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APABarry Goldsmith. (2010). unit. Retrieved September 20, 2026, from http://smartdefine.org/unit/definitions/1165928
ChicagoBarry Goldsmith. 2010. "unit" http://smartdefine.org/unit/definitions/1165928 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, unit, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/unit/definitions/1165928>.
MLABarry Goldsmith. "unit" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/unit/definitions/1165928>
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