equity security
equity security see security

Merriam-Webster’s Dictionary of Law. . 1996.

equity security
Broadly:
• Shares that carry an unlimited right to participate in a distribution of income and capital (relevant shares).
• A right to subscribe for, or convert securities into, relevant shares (section 94, Companies Act 1985).
For the purposes of the Prospectus Directive, this term refers to shares and other transferable securities (transferable security) equivalent to shares in companies, as well as any other type of transferable securities giving the right to acquire securities as a consequence of their being converted or the rights conferred by them being exercised, provided that securities of the latter type are issued by the issuer of the underlying shares or by an entity belonging to the issuer's group.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • equity security — Under Title 11 U.S.C. Section 101: (16) The term equity security means (A) share in a corporation, whether or not transferable or denominated stock , or similar security; (B) interest of a limited partner in a limited partnership; or (C) warrant… …   Glossary of Bankruptcy

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  • equity security holder — Generally, a shareholder or partner. (Bernstein s Dictionary of Bankruptcy Terminology) Under Title 11 U.S.C. Section 101: (17) The term equity security holder means holder of an equity security of the debtor. United Glossary of Bankruptcy Terms… …   Glossary of Bankruptcy

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  • security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also …   Law dictionary

  • Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …   Wikipedia

  • security — Protection; assurance; indemnification. The term is usually applied to an obligation, pledge, mortgage, deposit, lien, etc., given by a debtor in order to assure the payment or performance of his debt, by furnishing the creditor with a resource… …   Black's law dictionary

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