unitized
adjective
FINANCE(UKalsounitised)uk/ˈjuːnɪtaɪzd/usused todescribeafinancialproductthat isdividedintoseparatepartsthat can beboughtandsold, such as aunittrust(= in whichmoneycollectedfrominvestorsisinvestedfor them in differentcompanies):
Unitizedpolicies, where thepolicyisdividedintounits, willadda fewpercentagepointsto thevalueof each one.