cabinet security(redirected from Cabinet Securities)
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
An inactive or infrequently traded bond or stock. They are usually traded in small batches, around five shares at a time. Cabinet securities are kept in cabinets on the trading floor until they are needed.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
An inactive security listed on an exchange. The term derives from the type of storage unit in which limit orders for these securities are kept until needed for execution or cancellation.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.