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.

Hudson Yards Rail Yards

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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.