marketable security
Definition
Equity or debt instrument (share/stock, bond, note) that is listed on an exchange and can be readily bought or sold. A marketable security is a near-cash (liquid) asset and is recorded at acquisition cost (purchase price plus incidentals, commissions, and taxes) or market value (whichever is lower) in the account books under current assets. Non-marketable securities include savings bonds and restricted shares/stock.
marketable security is in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
marketable security appears in the definitions of the following terms: financial asset, sinking fund, cash, security loan, secondary reserves, cash equivalent and securities loan
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