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单词 letter security
释义

letter security


Thesaurus
Noun1.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 Security

A 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 stock
  • noun

Words related to letter security

noun a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market

Related Words

  • certificate
  • security
  • letter stock
  • letter bond
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更新时间:2024/11/11 15:58:45