释义 |
mutilated security Mutilated securityA certificate on which the name of the issue, the issuer, or some other identifying detail cannot be read.Mutilated SecurityA stock or bond certificate on which the owner's or issuer's name cannot be read. This can occur because of damage, negligence, or other reasons. A mutilated security can only be transferred when the owner has received a guarantee of ownership from a third party to ensure that there is no fraud or other foul play.mutilated security A stock or bond certificate that, because of damage or improper printing, cannot be transferred. The owner of a mutilated security must obtain a guarantee to ownership from the transfer agent before delivering the security to a buyer. |