Oxford Business English Dictionary for Learners of English

(Finance) shares that a company can officially issue but has not yet issued

★ unit /'ju:nit/ noun [C]

see also: accumulation unit, bargaining central processing decision-making monetary multi- strategic business ~ unit- linked adjectives [Finance) used to describe life insurance, etc. in which money is invested in a unit trust: a unit- linked policy

,unit of ac'count noun [c] (Accounting; Economics)

money when it is used to measure the value of goods or services and to keep financial records

the standard system of money that is used in a particular country

a special system of money that is created only for accounting

,unit of'currency noun [c] (Economics) the money that is used in a particular country: The unit of currency in Japan is the yen.

fSYNl monetary unit

'unit price noun [c] (Accounting) the price of a single item: We have ordered 50 000 boxes at a unit price of 0.12.

unit salesnoun [pi.](Marketing) the number of items of a particular product that have been sold

unit sharenoun [c](Marketing) the unit sales of a particular product compared with the total sales of all similar products: Our cordless phones have a unit share of 13% worldwide.

unit 'trust(BrE) (AmE 'mutual fund) noun [c](Finance) an organization that manages a fund that is invested in a wide range of shares, bonds, etc. The fund is divided into small units which are bought and sold, usually by people who only invest a small amount of money: Investing in a unit trust reduces risks for small investors, о a unit trust company^ open-ended (3)

universal /,ju:m'v3:sl; AmE-'v3:rsl/ adjective done by, involving, etc. all the people in the world or in a particular group: The Harry Potter books have universal appeal (= they are liked by all types of people in all places).

.universal bank noun [c] a bank that combines investment banking and commercial banking ► universal 'banking noun [u]

universe /'ju:niv3:s; AmE -V3:rs/ noun [sing.]

(Marketing) a complete group of people, companies, etc. that have the same features or qualities: The assumed universe (= number of possible readers) for literary magazines is about 750000. [syn] population

an area of activity; the people and companies involved in that activity: a small but growing area of the investment universe о the universe of companies considered socially responsible

unladen /.An'leidn/ adjective [usually before noun] without a load: unladen aircraft о goods vehicles of an unladen weight exceeding 2 tonnes [oppI laden

unlawful /лп'1э:П/ adjective not allowed by law: unlawful trading IoppI lawful ► unlawfully /An'lo:fali/ adverb

unlicensed /An'laisnst/ adjective without a licence (= an official document that gives you permission to do or own sth): unlicensed software/cabs See note at copy

unlimited /An'limitid/ adjective as much or as many as is possible; not limited in any way: You can access the Internet for an unlimited number of hours.

unlimited 'companynoun [c] a company whose shareholders are responsible for all its debts if it fails -> limited company 587 unpredictable

unlimited lia'bility noun [u] the legal duty of the shareholders of an unlimited company to pay all its debts limited liability

unlisted /An'listid/adjective

(Finance) (alsoun'quoted) not bought and sold on a stock exchange IoppI listed

unlisted companies/securities/shares/stock

(especially AmE) (about a telephone number) not listed in the public telephone book, at the request of the owner of the telephone. СЕШ Telephone services will not give these numbers to people who ask for them. fsYNl ex-directory

unload /.An'laud; AmE .An'loud/ verb