Virtuaalühik

Virtuaalühik is an Estonian term that translates to "virtual unit." It generally refers to a non-physical unit of account or measurement used in various contexts, most notably in accounting and finance. Instead of representing a tangible asset or a physical currency, a virtuaalühik often signifies a share of ownership, a right to future earnings, or a placeholder for a value that is not immediately convertible to cash.

In corporate finance, for instance, virtual units can be part of employee incentive schemes, such as stock options or phantom stock. These units grant employees the right to a financial benefit based on the company's performance, without giving them actual shares. Similarly, in international trade, virtual units might be used to settle accounts between different branches of a company or between cooperating entities, bypassing the complexities of currency exchange for internal bookkeeping purposes. The value of a virtuaalühik is typically determined by underlying assets, market performance, or contractual agreements. It provides a flexible way to track and manage financial interests and obligations that are not directly tied to physical money.