Securities

Paper certificates (definitive securities) or electronic records (book-entry securities) evidencing ownership of equity (stocks) or debt obligations (bonds).

Security

A document; historically, a physical certificate but increasingly electronic, showing that one owns a portion of a publicly-traded company or is owed a portion of a debt issue. Securities are tradable. At their most basic, securities refer to stocks and bonds, but the term sometimes also refers to derivatives such as futures and options.

securities

see FINANCIAL SECURITY.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

Securities

In general, any evidence of

an interest in corporate stock or stock rights or
an interest in any note, bond, debenture or other evidence of indebtedness issued by a government or corporation.
For certain tax purposes, however, the definition is more limited.

Mentioned in

References in periodicals archive

Hybrid securities have been around for decades and play an important role in Insurers' investments.

Hubrid insecurities: the actions of an agency under the National Association of Insurance Commissioners caused financial repercussions in a corner of the investment market. While regulators have offered a short-term solution, industry leaders are calling for additional changes

While plaintiffs' lawyers couldn't accuse corporations of violating federal securities laws (those claims may be made in federal courts only), they could accuse corporations of common law fraud or violating state (as opposed to federal) securities laws.

High court gives clarity to litigation venues: in a key decision issued earlier this year, the Supreme Court has restricted the ability of plaintiffs' attorneys to shop for accommodating state venues for class action suits. Most must now be pursued in more predictable federal courts

However, the IRS stated that the shorter-term securities described in Rev.

Debt instruments in reorganizations

* * * This category also includes claims representing capital of a qualifying securities firm.

Final rule--amendment to risk-based capital standards: claims on securities firms. (Legal Developments)

For example, the policy might set maximum allocations of 40 percent to corporate bonds, 50 percent to commercial paper and 40 percent to auction-rate securities.

The investment policy: Sarbanes-Oxley 'first line of defense'; A properly structured investment policy serves as a roadmap for pursuing a company's investment objectives. But, often these documents contain vague and contradictory language and do not reflect current risk tolerance and liquidity requirements. A cash management expert provides insights on updating your investment policy

Generally, any type of security is eligible for the Rule 144A exemption, so long as securities of the same class are not traded on any national securities exchange or quotation system.

The winding road to reward: Rule 144A securities offerings can be a good source of capital for mutual insurance companies, but getting there requires effort

368(a) (2)(F)(iii) defines an investment company as a corporation 50% or more of the value of whose total assets (excluding cash and cash items (such as receivables)) are stock and securities, and 80% or more of the value of whose total assets are held for investment.

Technical inconsistencies in the investment company provisions

* Identifying controls placed in operation by a service organization that provides services to an entity that are part of the entity's information system for derivatives and securities, which may require that the auditor have an understanding of the operating characteristics of entities in a certain industry.

Official releases

Paribas Corporation currently engages in bank-ineligible securities activities in the United States.

ORDERS ISSUED UNDER BANK HOLDING COMPANY ACT

For securities acquired in a nonrecognition transaction, if the value of money and marketable securities distributed in a nonrecognition transaction is less than 20% of the total value of all property transferred and the partnership distributed the security within five years of either the date of acquiring the security or (if later) the date the security became marketable, none of the distributed security will be treated as money under Sec.

Applying the rules governing distributions of marketable securities

Treasury securities to private debt and equity instruments, holders of those securities in the private sector must be induced to exchange them, on net, for U.S.

Statement by Alan Greenspan, Chairman, Board of Governors of the Federal Reserve System, before the Subcommittee on Finance and Hazardous Materials of the Committee on Commerce, U.S. House of Representatives, March 3, 1999

Warning companies about accepting such offerings, the North American Securities Administrators Association (NASAA) and the Council of Better Business Bureaus (BBB) noted in their April 1987 joint Investor Alert that "blank-check offerings do not identify any proposed intent whatsoever.

The shell company: going public with a Pandora's box