security
Definition 1
An investment instrument, other than an insurance policy or fixed annuity, issued by a corporation, government, or other organization which offers evidence of debt or equity. The official definition, from the Securities Exchange Act of 1934, is: "Any note, stock, treasury stock, bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalty or lease, any collateral trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit, for a security, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or in general, any instrument commonly known as a 'security'; or any certificate of interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall not include currency or any note, draft, bill of exchange, or banker's acceptance which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited."
Definition 2
Property which is pledged as collateral for a loan.
An investment instrument, other than an insurance policy or fixed annuity, issued by a corporation, government, or other organization which offers evidence of debt or equity. The official definition, from the Securities Exchange Act of 1934, is: "Any note, stock, treasury stock, bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalty or lease, any collateral trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit, for a security, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or in general, any instrument commonly known as a 'security'; or any certificate of interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall not include currency or any note, draft, bill of exchange, or banker's acceptance which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited."
Definition 2
Property which is pledged as collateral for a loan.
This content can be found on the following page:
security is ...
... part of the Bonds, Futures, Lending & Credit, Mutual Funds, Options, Stocks, Trading and Investor Relations subjects.
... part of the Bonds, Futures, Lending & Credit, Mutual Funds, Options, Stocks, Trading and Investor Relations subjects.
... #40 on our list of the most popular terms.
Related Terms
droplock security, exchangeable security, graduated security, letter security, mortgage pass-through security, mortgage-backed security, negotiable security, registered security, stamped security, agency security and
security appears in these other terms
Residential Mortgage-Backed Security, debt security, payment-in-kind security, security loan, security deposit, Employee Retirement Income Security Act of 1974, security market line, commercial mortgage-backed security, U.S. Government Agency Security, restricted security and
Loading...
| |
Get our content on your iGoogle page
RSS