letter security — noun a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market • Hypernyms: ↑security, ↑certificate • Hyponyms: ↑letter stock, ↑letter bond … Useful english dictionary
letter security — / letə sɪˌkjυərɪti/, letter stock / letə stɒk/ noun US a share which has not been registered with the SEC and therefore can be sold privately, together with a letter of intent, or traded in the normal way if the owner files with the SEC using a… … Dictionary of banking and finance
letter stock — noun stock that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public • Hypernyms: ↑letter security * * * noun Etymology: so called from the letter signed by the purchaser stating that the… … Useful english dictionary
letter bond — noun a bond that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public • Hypernyms: ↑letter security … Useful english dictionary
letter of credit — letter of credit: a document issued to a beneficiary at the request of the issuer s customer in which the issuer (as a bank) promises to honor a demand for payment by the beneficiary in order to satisfy or secure the customer s debt compare… … Law dictionary
Security and Prosperity Partnership of North America — Location map: Member countries: Canada … Wikipedia
security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also … Law dictionary
security — Something given or pledged to a person who is lending money in order to secure or guarantee payment of that debt. (Dictionary of Canadian Bankruptcy Terms) Under Title 11 U.S.C. Section 101: (49) The term security (A) includes (i) note; (ii)… … Glossary of Bankruptcy
letter-of-credit right — USA Defined in the UCC as a right to payment or performance under a letter of credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment or performance; the term does not include the right of a beneficiary to … Law dictionary
Security certificate — This article is about the Canadian legal mechanism. For Internet security certificates, see Public key certificate. In Canadian law, a security certificate is a mechanism by which the Government of Canada can detain and deport foreign nationals… … Wikipedia
