In Wikipedia "Identity element", see https://en.wikipedia.org/wiki/Identity_element (18-Jan-2025): "... an identity with respect to multiplication is called a multiplicative identity (often denoted as 1). ... The distinction between additive and multiplicative identity is used most often for sets that support both binary operations, such as rings, integral domains, and fields. The multiplicative identity is often called unity in the latter context (a ring with unity). This should not be confused with a unit in ring theory, which is any element having a multiplicative inverse. By its own definition, unity itself is necessarily a unit."
Calling the multiplicative identity of a ring a unity is taken from the definition of a ring with unity in section 17.3 of [BeauregardFraleigh] p. 135, "A ring ( R , + , . ) is a ring with unity if R is not the zero ring and ( R , . ) is a monoid. In this case, the identity element of ( R , . ) is denoted by 1 and is called the unity of R." This definition of a "ring with unity" corresponds to our definition of a unital ring (see df-ring).
Some authors call the multiplicative identity "unit" or "unit element" (for example in section I, 2.2 of [BourbakiAlg1] p. 14, definition in section 1.3 of [Hall] p. 4, or in section I, 1 of [Lang] p. 3), whereas other authors use the term "unit" for an element having a multiplicative inverse (for example in section 17.3 of [BeauregardFraleigh] p. 135, in definition in [Roman] p. 26, or even in section II, 1 of [Lang] p. 84). Sometimes, the multiplicative identity is simply called "one" (see, for example, chapter 8 in [Schechter] p. 180).
To avoid this ambiguity of the term "unit", also mentioned in Wikipedia, we call the multiplicative identity of a structure with a multiplication (usually a ring) a "ring unity", or straightly "multiplicative identity".
The term "unit" will be used for an element having a multiplicative inverse (see df-unit), and we have "the ring unity is a unit", see 1unit.