bond-basics

Security Interest

A special legal interest in property, fixtures or revenues that exists by contract as Security for payment or performance of an obligation.


See Also

Security

Any note, stock, treasury stock, bond, debenture, evidence of indebtedness, certificate of interest or evidence of any participation in any profit-sharing agreement.

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Commission

A form of remuneration received by a broker, dealer or dealer bank purchasing or selling bonds when acting as agent for a customer.