transferable security definition
transferable security means a security, negotiable on the capital market, of any of the following kinds, but excluding instruments of payment—
transferable security means (i) shares in companies and other securities equivalent to shares in companies (“shares”), (ii) bonds and other forms of securities debt (“debt securities”), and/or (iii) any other negotiable securities which carry the right to acquire any such transferable securities by subscription or exchange. For the purposes of this definition, the techniques and instruments do not constitute transferable securities.
transferable security means any investment falling within any of paragraphs 1 to 6 of Schedule 1 to the Act other than an investment title to which either cannot be transferred, or can be transferred only with the consent of a third party other than, in the case of an investment falling within paragraph 1 or 2 of that Schedule either the body corporate which issued the investment or any members or debenture holders of that body corporate;
More Definitions of transferable security
transferable security means, in the context of Art. 19(1)(a) to (d), that the transferable security must fall within the definition of "transferable security" in Art. 1(8) of the Directive. In particular: