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combination security

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combination security
A security that combines the attributes of two or more individual securities. An example of a combination security is a convertible bond that is part debt and part common stock.


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By combination security they refer to a worker being able to combine his or her job with other--notably private--responsibilities and commitments, other than paid work.
The combination Security and Signaling Mark is used on products that serve both security and signaling functions, such as a combination fire and burglar alarm system.
The rating of the combination securities addresses the likelihood that investors will receive the combination security notional balance as well as ultimate payments resulting in a 2% coupon.
 
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