holder

  

Definition

Party that is in possession of a document of title, a negotiable instrument, or a security (bond, note, share) that is drawn, issued, or endorsed to the party, to its order, to bearer, or in blank.

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Owning Options Compared to Owning Stocks

Ironically, the rhetoric about options frequently describes them as desirable because they put managers and owners in the same financial boat. In reality, the boats are far different. No owner has eve ... Read more

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