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A 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_(fi
by tomhoward 4y ago
A 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?"