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Home > Terms > English, UK (UE) > Units
Units
When the contract is allocated to a fund, "units" of that fund are purchased. Each unit has a price which reflects the daily net gain or loss in the underlying securities.
For Alternative Investments, some transactions are reflected in units. The final trade amount is not available until the transaction prices.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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