Look Out!

The term "security" is vitally important to the USA; therefore, you will find the exact definition from the USA below. You are strongly encouraged to memorize this definition for the exam.

Definition: Stock
As defined by the Uniform Securities Act, asecurity is any of the following:

  • a note;
  • stock;
  • treasury stock;
  • security future;
  • bond;
  • debenture;
  • evidence of indebtedness;
  • certificate of interest or
  • participation in a profit-sharing agreement;
  • collateral trust certificate;
  • pre-organization certificate or subscription;
  • transferable share;
  • investment contract;
  • voting trust certificate;
  • certificate of deposit for a security;
  • fractional undivided interest in oil, gas, or other mineral rights;
  • put, call, straddle, option, or privilege on a security,
  • certificate of deposit, or
  • group or index of securities, including an interest therein or based on the value thereof; put, call, straddle, option, or
  • privilege entered into on a national securities exchange relating to foreign currency; or, in general,
  • an interest or instrument commonly known as a "security"; or
  • a certificate of interest or participation in,
  • temporary or interim certificate for, receipt for, guarantee of, or
  • warrant or right to subscribe to or purchase any of the foregoing.


Stock Term Specifics

Related Articles
  1. Insights

    What Is a Silver Certificate Dollar Bill Worth Today?

    Although a silver-certificate dollar bill no longer can be exchanged for silver, the date, grade and unique features make certain certificates very valuable.
  2. Financial Advisor

    Succeeding At The Series 63 Exam

    Your career as a securities agent begins with this test. We'll show you how to score high.
  3. Investing

    7 Facts You Didn't Know About The Greenback

    There's more to that $10 bill in your pocket than you think - read on for some interesting facts about U.S. currency.
  4. Investing

    How Does Securities Lending Work?

    Securities lending is the act of loaning a stock or other security to an investor or firm.
  5. Insights

    Finding The Right Accounting Certification

    An accounting certification may be the boost your career needs. Find out how to get the most bang for your buck.
  6. Retirement

    7 Certifications to Get After You Retire

    Your schedule opens up significantly in retirement. Pursuing any of these seven certifications will keep you busy as you gain a great new skill.
  7. Investing

    What are Fixed-Income Securities?

    For a fixed-income security, the periodic return on the investment is the same throughout the life of the security. Principal is returned at the time of maturity. The payment can be in the form ...
  8. Personal Finance

    Easy Certifications To Add To Your Resume

    These courses and certificates are relatively cheap and non-intensive, and they can help you get hired or put you in a higher pay grade at your company.
  9. Investing

    What’s The Difference Between Shares And Stocks?

    In today’s markets, the distinction between stocks and shares has become blurred.
Frequently Asked Questions
  1. Where else can I save for retirement after I max out my Roth IRA?

    The first option to explore is to determine if you can contribute to a 401(k), 403(b), or 457 plan at work. If your employer ...
  2. How did George Soros "break the Bank of England"?

    In Britain, Black Wednesday (September 16, 1992) is known as the day that speculators broke the pound. They didn't actually ...
  3. What counts as "debts" and "income" when calculating my debt-to-income (DTI) ratio?

    It's important to know your debt-to-income ratio because it's the figure lenders use to measure your ability to repay the ...
  4. Who are Monsanto's main competitors?

    Learn about Monsanto Company's two main operating divisions and its main competitors within each sector, including The Mosaic ...
Trading Center