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
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
Start with the Bond Basics
Hundreds of Terms and Concepts
Preliminary Official Statement (“POS”)
The type of offering document circulated prior to the determination of the interest rates and certain other terms of the bonds when it is anticipated or known the bonds will be purchased by an underwriter and resold to the public.