What does letter security mean?
Definitions for letter security
let·ter se·cu·ri·ty
This dictionary definitions page includes all the possible meanings, example usage and translations of the word letter security.
Princeton's WordNet
letter securitynoun
a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market
ChatGPT
letter security
Letter security, also known as a letter stock or private issue, is a type of equity security that is not publicly traded. Most often, letter securities are issued to corporate insiders such as executives and directors. The name "letter security" is derived from the investment letter, or letter of intent, that must be provided by the investor affirming their intent to hold the stock for investment purposes and not for resale. This is often a requirement because letter securities are usually not registered with the Securities and Exchange Commission.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of letter security in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of letter security in Pythagorean Numerology is: 2
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"letter security." Definitions.net. STANDS4 LLC, 2024. Web. 15 Jun 2024. <https://www.definitions.net/definition/letter+security>.
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