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
Gross Proceeds
Includes sale proceeds, investment proceeds, transferred proceeds (which, together with sale and investment proceeds equal the “proceeds” of the bonds) and replacement proceeds, all of which are defined in the Code.