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unsecured+stock/xx
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unsecured — un‧se‧cured [ˌʌnsɪˈkjʊəd◂ ǁ ˈkjʊrd◂] adjective FINANCE 1. an unsecured loan, debt etc is not protected by an agreement that if it is not paid the company borrowing the money has to give the lender certain assets, such as property or shares: •… … Financial and business terms
unsecured loan stock — ULS; = unsecured debenture A loan stock or debenture in which no specific assets have been set aside as a fund out of which the holders could be paid in priority to other creditors in the event of non payment … Accounting dictionary
unsecured loan stock — ULS; unsecured debenture A loan stock or debenture in which no specific assets have been set aside as a fund out of which the debenture holders could be paid in priority to other creditors in the event of non payment. Compare secured debenture … Big dictionary of business and management
unsecured debenture — See: unsecured loan stock … Accounting dictionary
loan stock — Stock bearing a fixed rate of interest. Unlike a debenture, loan stock may be unsecured. Exchange Handbook Glossary Long term debt issued by a company in order to raise capital for which interest is paid. Financial Services Glossary * * * loan… … Financial and business terms
Loan Stock — Common or preferred stock shares that are used as collateral to secure a loan from another party. The loan will earn a fixed interest rate, much like a standard loan, and can be secured or unsecured. A secured loan stock may also be called a… … Investment dictionary
Nairobi Stock Exchange — The Nairobi Stock Exchange (NSE) is the principal stock exchange of Kenya. It began in 1954 as an oversees stock exchange while Kenya was still a British colony with permission of the London Stock Exchange. The NSE is a member of the African… … Wikipedia
secured and unsecured — Companies can issue a series of debentures or debenture stock, which essentially means secured loan stock. The instrument creates indebtedness owing by the company to the holder, usually carrying interest and maturing on a particular date when… … Law dictionary
common stock — A type of equity or capital representing shares of ownership in a corporation. May or may not receive distributions of corporate income in the form of dividends. Receives the lowest priority for repayment in the event of a corporate liquidation.… … Financial and business terms
Irredeemable Convertible Unsecured Loan Stock - ICULS — A type of security that can be used to purchase underlying common shares. It is similar to a warrant except that it is subject to the conversion ratio. In essence, an ICULS provides the benefits of a bond until it is converted to an equity. ICULS … Investment dictionary
Loan — For other uses, see Loan (disambiguation). Finance Financial markets … Wikipedia