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Unitization (Noun)

Conversion of an investment trust into a unit investment trust.

Nouns denoting acts or actions.

The investment trust underwent unitization to provide investors with more flexibility and diversification options.
Unitization allowed the trust to reorganize its assets into a more tax-efficient structure, benefiting its shareholders.
The conversion process involved unitization, which enabled the trust to issue a fixed number of redeemable units to investors.
Through unitization, the investment trust was able to transform its traditional share structure into a more modern unit-based system.
The unitization of the investment trust resulted in improved liquidity and greater transparency for its investors.

The act of packaging cargo into unit loads.

Nouns denoting acts or actions.

Unitization allows shippers to secure and handle large volumes of cargo efficiently, reducing handling damage and transportation costs.
To facilitate unitization, freight forwarders often use standard pallet sizes to create unit loads for ocean or air freight shipments.
In warehouse operations, unitization plays a critical role in streamlining storage, picking, and shipping processes.
Logistics providers offer various services to support unitization, including containerization and shrink-wrapping to secure cargo loads.
By utilizing unitization, manufacturers and distributors can better manage inventory, improve shipping accuracy, and meet just-in-time delivery requirements.

The joint development of a petroleum resource that straddles territory controlled by different companies.

Nouns denoting acts or actions.

The joint operating agreement between the two companies included a unitization clause to ensure fair sharing of the petroleum resource.
Unitization of the oil field allowed the companies to work together to maximize production and minimize costs.
The government encouraged unitization of the offshore petroleum reserve to promote efficient development and reduce environmental impact.
After years of negotiations, the companies finally agreed on a unitization plan for the shared petroleum resource.
The unitization agreement established a framework for the companies to share the costs and revenues from the joint development of the petroleum resource.

(psychology) the configuration of smaller units of information into large coordinated units.

Nouns denoting cognitive processes and contents.

The process of unitization enables the formation of meaningful concepts by grouping related information into a single unit of knowledge.
Through unitization, our brains efficiently store and retrieve information by consolidating smaller details into larger, organized chunks.
Unitization is essential for learning and memory, as it allows individuals to retain complex information by breaking it down into manageable units.
Research has shown that unitization enhances cognitive performance by reducing the mental load associated with processing numerous small units of information.
The unitization of skills and knowledge enables experts to perform complex tasks with greater ease and efficiency, as they have consolidated smaller units of information into automatic processes.