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Username: Andrew

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 05 Jun 2015
Category 17
Tag Forex
Question What is a security?
Advice from Guru
Hi Andrew,

A financial instrument that represents: an ownership position in a publicly-traded corporation (stock), a creditor relationship with governmental body or a corporation (bond), or rights to ownership as represented by an option. A security is a fungible, negotiable financial instrument that represents some type of financial value. The company or entity that issues the security is known as the issuer.

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