释义 |
letter security ThesaurusNoun | 1. | letter security - a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public marketcertificate, security - a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends; "he held several valuable securities"letter stock - stock that has not been registered with the Securities and Exchange Commission and cannot be sold to the general publicletter bond - a bond that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public |
letter security
Restricted SecurityA stock or right that one acquires through some means other than the open market. One may receive a restricted security through a merger or acquisition, private placement prior to an IPO, or sometimes through a stock option. A restricted security is not registered with the SEC and thus may not be sold publicly until registration has been made. It is less commonly called a letter security.letter security See restricted security.letter security Related to letter security: letter stockWords related to letter securitynoun a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public marketRelated Words- certificate
- security
- letter stock
- letter bond
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