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

Adjective

1.

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:
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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