Definition, Meaning & Synonyms
per-unit
Adjective
/ˈpɜːr ˌjuːnɪt/
Definition
Referring to a measurement or cost associated with a single unit of product or service.
Examples
- The price of the gas was calculated on a per-unit basis, making it easier to understand the cost for each gallon.
- When budgeting, it’s important to analyze the per-unit costs of various supplies.
- Investors often look at per-unit revenue to gauge a company’s efficiency.
Meaning
The term ‘per-unit’ is commonly used in business, economics, and finance to indicate the cost or quantity of an item when expressed on a per-item basis, allowing for easier comparison and analysis.
Synonyms
- unit-based
- per item
- single-unit
