What are transferable securities as defined in UCITS?
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What are transferable securities as defined in UCITS?
Transferable securities are anything that you can transfer ownership of without consent of a third party. For e.g.: While purchasing a common stock, you do not require permission from the issuer rather it can be traded freely in the market. A transferable security is an investment which is any of thRead more
Transferable securities are anything that you can transfer ownership of without consent of a third party. For e.g.: While purchasing a common stock, you do not require permission from the issuer rather it can be traded freely in the market.
A transferable security is an investment which is any of the following:
See less(a) a share.
(b) a debenture or an alternative debenture
(c) a government and public security.
(d) a warrant; or
(e) a certificate representing certain securities.