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A security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized into;
  1. debt securities (such as banknotes, bonds and debentures) and
  2. equity securities, e.g., common stocks; and derivative contracts, such as forwards, futures, options and swaps.
The company or other entity issuing the security is called the issuer.
Securities may be represented by a certificate or, more typically, "non-certificated", that is in electronic or "book entry" only form. Certificates may be bearer, meaning they entitle the holder to rights under the security merely by holding the security, or registered, meaning they entitle the holder to rights only if he or she appears on a security register maintained by the issuer or an intermediary.

For the full article see http://en.wikipedia.org/wiki/Securities

(c) The information under this section is originally from Wikipedia and is used under the following licence http://creativecommons.org/licenses/by-sa/3.0/

Subpages (1): Treasury Securities