Security (redirected from High security)

Security

Piece of paper that proves ownership of stocks, bonds, and other investments.

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security

1. An instrument that, for a stock, shows ownership in a firm; for a bond, indicates a creditor relationship with a firm or with a federal, state, or local government; or signifies other rights to ownership.

2. Collateral used to guarantee repayment of a debt.

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Security. Traditionally, a security was a physical document, such as stock or bond certificate, that represented your investment in that stock or bond.

But with the advent of electronic recordkeeping, paper certificates have increasingly been replaced by electronic documentation.

In current general usage, the term security refers to the stock, bond, or other investment product itself rather than to evidence of ownership.