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.

---

词条贡献者

译者圣强，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，擅长翻译各种与房地产交易及建筑纠纷相关的法律文件。