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 Glossary   >   P   >   "Primitive security" Definition   

        Primitive security

An instrument such as a stock or bond for which payments depend only on the financial status of the issuer.

Primitive security


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Primitive security - An instrument such as a stock or bond for which payments depend only on the financial status of the issuer.


Primitive security : an instrument such as a stock or bond for which payments depend only on the financial status of the issuer.