Security
Any note, stock, treasury stock, bond, debenture, evidence of indebtedness, certificate of interest or evidence of any participation in any profit-sharing agreement.
bond-basics
Asset Backed Security (“ABS”)
A Security which has the Principal and Interest payable solely from a set of other Securities.
See Also
Start with the Bond Basics
Term of the Week
Securities Act of 1933
Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.