Unit

Piece
A 'Piece' refers to an individual unit of a product that is part of a batch, typically used in shipping and logistics to describe the smallest standard unit being handled.
Unit
In various contexts, a unit can represent either a standard measure used in transactions or a division within a larger entity, such as a business or organization.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.