单词 | security |
释义 | security A paper asset. Securities include government debt, both long- and short-term, company shares, and company debt. Securities may be registered, where legal ownership depends on the entry in a register, normally run by a bank, and the paper is merely evidence of ownership, or in bearer form, where ownership is conferred by possession of the document. See also: bearer bond, blue chip, collateral, fixed-interest security, gilt-edged security, irredeemable security, long-dated security, marketable security, redeemable security, risk-free security, short-dated security, and undated security |
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