marketable security


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Related to marketable security: Debt security

Negotiable

A security that may be bought or sold. Generally, a negotiable security is traded on the secondary market, but the initial sale takes place on the primary market. Negotiable securities may be low-risk, such a Treasury bonds, or high-risk, such as stocks. They are also known as marketable securities. See also: Nonmarketable security.

marketable security

A security that may be resold by one investor to another. Most securities are marketable; they develop secondary markets for trading. Also called negotiable security.