Meaning of the word unitized in English
What does unitized mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
unitized
UK /ˈjuːnɪtaɪzd/
Adjective
used to describe a financial product that is divided into separate parts that can be bought and sold, such as a unit trust (= in which money collected from investors is invested for them in different companies):
Example:
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Unitized policies, where the policy is divided into units, will add a few percentage points to the value of each one.
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