First, we need to be clear on what is a security. Security is a financial instrument. It can be a Share, Bond or Debentures and it should have ownership transfer capability. For example, you can buy a share today and sell it tomorrow. Today you are the owner and tomorrow the person who buys it from you is the owner. Thus a share can be traded and it is a financial instrument. Hence it can be called as Security.
You can not sell and transfer ownership of your Recurring Deposit or Bank fixed deposit or life insurance which is in your name. So we can not call them as Securities.
So the place where the securities are traded is called security market. The market comprise of the Organisation issuing securities, Traders, Brokers and Regulatory bodies.
You can not sell and transfer ownership of your Recurring Deposit or Bank fixed deposit or life insurance which is in your name. So we can not call them as Securities.
So the place where the securities are traded is called security market. The market comprise of the Organisation issuing securities, Traders, Brokers and Regulatory bodies.
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