unit rule

unit rule.

1. Securities. A method of valuing securities by multiplying the total number of shares held by the sale price of one share sold on a licensed stock exchange, ignoring all other facts about value.

2. Parliamentary law. A convention’s rule that lets a delegation’s majority cast the entire delegation’s votes. Cf. instructed delegate under DELEGATE.

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词条贡献者

译者黎川，毕业于世界顶级翻译学院，擅长翻译各种与专利与技术诉讼相关的法律文件。