debt security

debt security
debt security see security

Merriam-Webster’s Dictionary of Law. . 1996.

debt security
This term has a number of meanings depending on the context in which it is used:
• Generally, a debenture, a government and public security or a warrant which confers a right in respect of an investment in a debenture or government and public security.
• For the purposes of the Listing Rules and chapters 2 and 3 of the Disclosure Rules and Transparency Rules, debentures, debenture stock, loan stock, bonds, certificates of deposit or any other instrument creating or acknowledging indebtedness
• For the purposes of the Financial Services and Markets Act 2000, chapters 4, 5 and 6 of the Disclosure Rules and Transparency Rules and the Transparency Directive, bonds or other forms of transferable securitised debts, except securities which are equivalent to shares in companies or which, if converted or if the rights conferred by them are exercised, give rise to a right to acquire shares or securities equivalent to shares.
Eurobonds, medium term notes and commercial paper are all examples of debt securities.
Related links
+debt security
USA
Also known as bond, debenture and note.
A security representing debt of the issuer. An issuer sells registered debt securities to an investor pursuant to an indenture. Unregistered debt securities are usually sold pursuant to a note, or securities purchase agreement.
There are several types of debt securities:
• Bonds, which are debt instruments in which the issuing company or governmental body promises to pay the holders a specified amount of interest for a specified length of time and to repay the principal amount of the loan at maturity. A bond is typically a long-term debt instrument. Its holder is a creditor of the company and has no ownership rights as a stockholder does.
• Debentures, which are long-term debt instruments used by governments and large companies to obtain funds. A debenture is evidence of a debt on which the issuer promises to pay the holders a specified amount of interest for a specified length of time and to repay the principal amount of the loan at maturity. It is similar to a bond. A debenture is usually not secured by any collateral.
• Notes, which are debt securities that usually have a short-term maturity of between one and 10 years.
Although each of these debt securities have slightly different definitions, the terms "bond," "note" and "debenture" are often used interchangeably to refer to the same types of debt securities.
Related terms

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Debt Security — Any debt instrument that can be bought or sold between two parties and has basic terms defined, such as notional amount (amount borrowed), interest rate and maturity/renewal date. Debt securities include government bonds, corporate bonds, CDs,… …   Investment dictionary

  • debt security — Any financial instrument representing a creditor relationship between the issuer (the debtor) and the holder of the instrument (the creditor). This generally includes all U.S. Treasury securities, municipal securities, corporate bonds,… …   Financial and business terms

  • debt security — Any form of corporate security reflected as debt on the books of the corporation in contrast to equity securities such as stock; e.g. bonds, notes and debentures are debt securities …   Black's law dictionary

  • debt security — Any form of corporate security reflected as debt on the books of the corporation in contrast to equity securities such as stock; e.g. bonds, notes and debentures are debt securities …   Black's law dictionary

  • debt security — noun a negotiable or tradable liability or loan …   English new terms dictionary

  • debt security — …   Useful english dictionary

  • the nominal value of debt security — nominalioji vertybinio popieriaus vertė statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Išleidžiant vertybinį popierių vertybinių popierių emitento nurodoma jo vertė, kuri yra pastovi iki sprendimo ją pakeisti …   Lithuanian dictionary (lietuvių žodynas)

  • 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

  • debt securities — This term has a number of meanings depending on the context in which it is used: • Generally, a debenture, a government and public security or a warrant which confers a right in respect of an investment in a debenture or government and public… …   Law dictionary

  • Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”