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unitisation

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Word: Unitisation

Definition:Unitisation is a noun that refers to the process of combining different parts or resources into a single unit for easier management or use. It often applies to areas like petroleum resources, finance, and logistics.

Usage Instructions: You can use "unitisation" when discussing topics related to shared resources, financial investments, or the organization of goods. It is a more technical term, so it may not be commonly used in everyday conversation.

Examples: 1. In the oil industry, unitisation allows companies to work together to extract oil that is located in areas controlled by more than one company. 2. The investment firm decided to pursue unitisation of their trust to provide better returns for their investors. 3. The shipping company improved efficiency by employing unitisation, allowing them to transport larger loads more effectively.

Advanced Usage: In legal and economic discussions, you might encounter unitisation in relation to agreements between companies or countries to share resources. In psychology, it can describe how our brains bundle smaller pieces of information into larger, more manageable concepts.

Word Variants: - Unitise (verb): To combine into a unit. - Unitised (adjective): Describing something that has been combined into a unit.

Different Meanings: In different contexts, unitisation can refer to: - Petroleum Industry: Collaborating to extract resources from overlapping territories. - Finance: Changing the structure of an investment trust for better management. - Logistics: Grouping cargo for more efficient transportation. - Psychology: Organizing information into larger, connected units.

Synonyms: - Consolidation - Integration - Combination - Coordination

Idioms and Phrasal Verbs:While "unitisation" itself does not have direct idioms or phrasal verbs associated with it, you might encounter phrases like: - "Join forces": To work together towards a common goal, similar to unitisation in a collaborative sense. - "Bring together": To combine different elements into one.

Noun
  1. the joint development of a petroleum resource that straddles territory controlled by different companies
  2. conversion of an investment trust into a unit investment trust
  3. the act of packaging cargo into unit loads
  4. (psychology) the configuration of smaller units of information into large coordinated units

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