Marketable Security - Law Dictionary Search Results
margin call
a customer deposit enough to bring his margin up to the minimum requirement caused by the decline in market prices of a security or commodity purchased on margin5
Estate duty
the tenant for life, Attorney-General v. Beech, 1899 AC 53. Securities physically situate in the United Kingdom and marketable there at the death of a person are liable for estate duty even though the deceased is not … more than that time before the death of the tenant for life, Attorney-General v. Beech, 1899 AC 53. Securities physically situate in the United Kingdom and marketable there at the death of a person are liable for
Listing
a company to trading privileges on a Stock Exchange. The principal objectives of listing are to provide ready marketability and impart liquidity and free negotiability to stocks and shares; ensure proper supervision and control of dealings therein; … Listing, 'Listing' means the admission of the securities of a company to trading privileges on a Stock Exchange. The principal objectives of listing are to provide
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Par
of equality; equal value. Par value, the face value of a security or share as contrasted with its market price or selling value. See EXCHANGE.
Take delivery
pur-chased or order, especially, to receive a commodity under a future contract or spot-market contract, or to receive securities recently purchased, Black's Law Dictionary, 7th Edn., p. 1466.
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