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15 June 2023
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Created page with "{{dpn|/dɛt/ /sɪˈkjʊərɪti/|n| }}A freely transferable financial instrument evidencing indebtedness. Contrast debt securities to equity securities — instruments such as shares, warrants units, which pay neither principal nor interest, but rather account for the overall performance of the company who issue them. Debt securities generally rank ahead of equity securities in the capital structure of the issuer. This is because an issu..."
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