letter security

1. 1.

   a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market

   Broadersecurity

   Narrowerletter stockletter bond

Questions about letter security

What does letter security mean?

letter security means "a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market".

Is letter security a common word?

letter security is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.