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Basic and Unit

noun

  • A popular programming language that is relatively easy to learn; an acronym for beginner's all-purpose symbolic instruction code; no longer in general use.
  • Usually plural. ( a necessary commodity for which demand is constant)

adjective

  • Pertaining to or constituting a base or basis.
    • usage: "a basic fact"; "the basic ingredients"; "basic changes in public opinion occur because of changes in priorities"
  • Reduced to the simplest and most significant form possible without loss of generality.
    • usage: "a basic story line"; "a canonical syllable pattern"
  • Serving as a base or starting point.
    • usage: "a basic course in Russian"; "basic training for raw recruits"; "a set of basic tools"; "an introductory art course"
  • Of or denoting or of the nature of or containing a base. .
Basic is a masculine given name
  • Name Meaning: Diminutive of Basil: Royal. Kingly. St Basil the Great was Bishop of Caesarea in the latter half of the 4th century. This name was introduced into Western Europe by the Crusaders. Derived from the same Greek word as the plant name basil
  • Name Origin: Greek

noun

  • Any division of quantity accepted as a standard of measurement or exchange.
    • usage: "the dollar is the United States unit of currency"; "a unit of wheat is a bushel"; "change per unit volume"
  • An individual or group or structure or other entity regarded as a structural or functional constituent of a whole.
    • usage: "the reduced the number of units and installations"; "the word is a basic linguistic unit"
  • An organization regarded as part of a larger social group.
    • usage: "the coach said the offensive unit did a good job"; "after the battle the soldier had trouble rejoining his unit"
  • A single undivided whole.
    • usage: "an idea is not a unit that can be moved from one brain to another"
  • A single undivided natural thing occurring in the composition of something else.
    • usage: "units of nucleic acids"
  • An assemblage of parts that is regarded as a single entity.
    • usage: "how big is that part compared to the whole"; "the team is a unit"
(DoD) Any military element whose structure is prescribed by competent authority, such as a table of organization and equipment; specifically, part of an organization.
(DoD) An organization title of a subdivision of a group in a task force.
(DoD) A standard or basic quantity into which an item of supply is divided, issued, or used. In this meaning, also called unit of issue.
(DoD) With regard to Reserve Components of the Armed Forces, denotes a Selected Reserve unit organized, equipped, and trained for mobilization to serve on active duty as a unit or to augment or be augmented by another unit. Headquarters and support functions without wartime missions are not considered units.

Unit is a bundled securities position. One example is the combination of stock warrants with a convertible bond. These two combined positions, particularly, in the context of a new offering are considered as a unit.