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UnitMore than one class of securities traded together (e.g., one common share and three subscription warrants).Unit Similar MatchesNormal trading unitNormal trading unitThe normal size of a securities order. A normal trading unit for shares is 100. Also called a round lot. Known as an odd lots where trades of shares are below 100. Unit labor requirementUnit labor requirementThe amount of labor used per unit of output in an industry; the ratio of labor to output. In a Heckscher-Ohlin Model this varies along an isoquant as different techniques are chosen in response to different factor prices. But in a Ricardian model, these are the constant building blocks for defining comparative advantage and determining behavior. Unit elasticUnit elasticHaving an elasticity equal to one. For a price elasticity of demand, this means that expenditure remains constant as price changes. For an income elasticity it means that expenditure share is constant. Homothetic preferences imply unit income elasticities. Contrasts with elastic and inelastic. UnitisationUnitisationThe conversion of an investment trust into unit trust. Unit of tradingUnit of tradingThe minimum number of shares, bonds or commodities which are traded in a transaction on an exchange. This number is usually 100 for shares. Further SuggestionsPresent value of growth opportunitiesunit linked policy Unit-value isoquant Trading unit European Community Unit investment trust Unit isoquant Opportunity set Opportunity Statement Opportunity line Planned (unit) Development (PUD) European Economic Community Increasing opportunity cost Unit isocost line Asian Currency Units (ACU) trading unit United States Customs Service European Communities unit linked whole of life assurance Opportunity cost Tariff Schedule of the United States Portfolio opportunity set Investment opportunity set Association of Unit Trusts and Investment Funds Unit Share Investment Trust (USIT) |
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