securities

(redirected from Securities Act of 1933)
Also found in: Dictionary, Legal, Financial, Wikipedia.

securities,

in finance, instruments giving to their legal holders rights to money or other property. Securities include stocks, bonds, notes, mortgages, bills of lading, and bills of exchange. See speculationspeculation,
practice of engaging in business in order to make quick profits from fluctuations in prices, as opposed to the practice of investing in a productive enterprise in order to share in its earnings.
..... Click the link for more information.
 and stock exchangestock exchange,
organized market for the trading of stocks and bonds (see bond; stock). Such markets were originally open to all, but at present only members of the owning association may buy and sell directly.
..... Click the link for more information.
.

Securities

 

documents indicating a right of ownership (such as stocks, bonds, letters of credit, bills of exchange, checks, and bills of lading) that may only be redeemed upon their presentation. The various categories of securities are (1) securities made out in the name of a specific person, (2) securities made out in the name of the first purchaser and “at his order” (meaning that the person indicated thereon is entitled to transfer the securities by endorsement), and (3) securities that are payable to the bearer and do not indicate in whose name they were issued.

The loss of securities usually means loss of the right to redemption expressed therein. In some instances, however, measures are indicated to protect the rightful owner. Thus a procedure is established in Soviet legislation by means of which the rights of the bearer may be restored upon loss of a savings book.

In capitalist society the principal types of securities are stocks and bonds issued by capitalist enterprises and state loan bonds. Mortgage deeds issued by mortgage banks on land, houses, and other immovable property are a special kind of bond. Securities may represent a capital share in an enterprise or may be evidence of money lent out, and they may confer the right to a regular income in the form of dividends or interest.

The issuance of securities is one of the most important operations of finance capital; it is used by monopolies to extract maximum profits—for example, the huge amounts of founders’ profits obtained from the issuance of securities of newly organized stock companies. Since securities yield an income to their owners, they are bought and sold at specified prices on the stock exchange.

References in periodicals archive ?
Except for historical information contained herein, the statements made in this release constitute forward-looking statements (including within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934).
The notes, and the common stock issuable upon conversion of the notes, have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws, and are being offered in the United States only to qualified institutional buyers in reliance on Rule 144A under the Securities Act.
The Issuer will be offering the notes in reliance upon an exemption from registration under the Securities Act of 1933 for an offer and sale of securities that does not involve a public offering.
This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933, as amended.
persons under Regulation S of the Securities Act of 1933 and to accredited investors in a private placement.
Nasdaq: CMED) today announced the pricing of US$125 million principal amount of Convertible Senior Subordinated Notes due 2011 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
The placement agents sold or offered the securities within the Unites States to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933 and outside the United States in accordance with Regulation S under the Securities Act of 1933.
The offering was available to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended.

Full browser ?