Financial securities are simply pieces of paper with contractual provisions that entitle their owners to specific rights and claims on specific cash flows or values.
The variety of financial securities is limited only by human creativity,ingenuity, and governmental regulations. At the risk of oversimplification, we can classify most financial securities by the type of claim and time until maturity. In addition, some securities actually are created from packages of other securities.
To know more about different types of claims, click on the below link:
The variety of financial securities is limited only by human creativity,ingenuity, and governmental regulations. At the risk of oversimplification, we can classify most financial securities by the type of claim and time until maturity. In addition, some securities actually are created from packages of other securities.
To know more about different types of claims, click on the below link:
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