Seasoned


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Related to Seasoned: seasoned salt

Seasoned

In the case of equity, having gained a reputation for quality with the investing public and enjoying liquidity in the secondary market; in the case of convertibles, having traded for at least 90 days after issue in Europe, and thus available for sale legally to U.S. investors.

Seasoned

1. Of or relating to a security that has been traded long enough to establish a positive reputation for liquidity and trade volume. Seasoned securities tend to have stable prices and meet with success of the secondary market.

2. Any euromarket security that has been traded for 40 days or longer. SEC regulations do not allow certain American investors to trade in euromarket securities before they have been traded for at least 40 days.

seasoned

Of, relating to, or being a security issue that has traded in the secondary market long enough to establish a track record for price variability and trading volume.
References in classic literature ?
They were "northwesters;" men seasoned to hardships, who cared for neither wind nor weather.
He had never before watched the routine of a seasoned regiment pitching camp in thirty minutes.
Some of the planks and beams were of good, seasoned oak; some of such wood cut raw and recent; some again of white pinewood, and a great deal more of the same sort of wood painted black with tar.