3 ms·
Assuming you're not being facetious, I would think securities means something that goes up in value that doesn't have an inherently physical nature. NB. Correc
by pm 9y ago
Assuming you're not being facetious, I would think securities means something that goes up in value that doesn't have an inherently physical nature.
NB. Correct me if I'm mistaken, I have little knowledge in this area.
- catominor 9y agoCheck out the Howey Test. It's what you have to fail to be determined not a security, this definition is fairly short and good: http://www.legalandcompliance.com/securities-resources/securities-glossary/howey-test-to-determine-if-an-investment-is-a-security/ http://www.legalandcompliance.com/securities-resources/secur...