Transferable security: Difference between revisions

A [[negotiable investment]]<ref>I say [[negotiable investment]] not [[negotiable instruments]] because a cheque is a [[negotiable instrument]], and I don't think you would commonly call that a [[transferable security]].</ref>: A [[share]], [[bond]], [[note]], [[warrant]], [[certificate of deposit]] — that kind of thing — evidencing [[indebtedness]] or an [[Equity securities|equity interest]] in an undertaking, in [[bearer]] or [[registered]] form and which the holder may freely [[Title transfer|transfer]] by delivery. These days transferable securities are cleared electronically through clearing systems like [[Euroclear]], [[Clearstream]] and [[DTC]]. The days of security-printed bearer bonds are over.

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