Definitions for "unit value"
When the value of an asset is expressed in terms of some standardized measure, usually based on the quantity of the asset.
The dollar value of an accumulation unit, which is the unit of measure used to record amounts or increases to, decreases from and accumulations in the unit trust funds.
A calculation based on the pool's aggregate value, after Endowment Program expenses, divided by the number of units outstanding. The unit value includes any unrealized gain or loss in the underlying mutual fund investments, and any dividend and capital gains distributions paid by the funds. The unit value is calculated for each pool at the end of each day the New York Stock Exchange is open.