securities

securities definition - legal

n

Stocks, bonds, and the like; any instrument of secured indebtedness or of a right to participate in the profits or assets of a profit making concern. Traditionally, securities have been a major area of investment and speculation by individuals and banks.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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