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security |
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securityIn finance, written evidence of ownership conferring the right to receive property not currently in the holder's possession. The most common securities are stocks and bonds. Governments, companies, and financial institutions use securities to raise money. Stocks are securities issued in the form of equity ownership. Bonds are securities that take the form of debt. They constitute promises to pay a specified amount at a specified date and to pay interest at a specified rate in the interim. Most government securities are bonds that pay a fixed amount of interest per year; unlike commercial securities, their repayment is guaranteed. Both stocks and bonds are traded publicly on organized exchanges such as the New York Stock Exchange, the London Stock Exchange, and the Tokyo Stock Exchange. External forces such as international troubles, changes in government policies, and trends in foreign stock markets all have an effect on security prices. For individual stocks, the company's current and prospective financial performance play an important role, as do overall trends within its business sector. See also investment; saving. See computer security and information security.
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| A questionnaire posed to 10,000 superintendents who subscribe to SRA/ McGraw-Hill's national e-newsletter indicates that 71% of superintendents feel their schools have adequate security measures in place, whereas 29% do not. European Commission sent a reasoned opinion, the last step before a formal complaint to the European Court of Justice is lodged, to Luxembourg for failing to implement the 2003 legislation that calls for common basic standards on aviation security measures at EU airports. Without consensus assured, the Republicans are more likely to focus on terrorism and port security measures. |
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