Debt Security Sterling - Definition - Law Dictionary Home Dictionary Definition debt-security-sterling

Definition :

Debt security sterling, means a debt security in relation to which the principal, interest and subscription moneys are payable solely in sterling, and 'debt security' includes bonds, notes, debentures and debenture stock, Banking Act, 1987 (Exempt Transactions) Regulations 1988, reg. 1(2) (UK) Halsbury's Laws of England 3(1), para 32, p. 28.