3 ms·
>> but a new security that is created << What is a "security" ?
by nobrains 4y ago
>> but a new security that is created <<
What is a "security" ?
- tomhoward 4y agoA financial asset – a stock, a bond, a loan contract, a promissory note, a bank note, a warrant, a future, an IOU... https://en.wikipedia.org/wiki/Security_(finance) https://en.wikipedia.org/wiki/Security_(finance)
- bradwood 4y agoI always thought a future (as well as an option) was a contract -- as distinct from a security. In fact, a warrant is a securitised option. So the nuanced question should be: "What is the difference between a contract and a security?"