Type III security definition

Type III security means an invest- ment security that does not qualify as a Type I, II, IV, or V security. Exam- ples of Type III securities include cor- porate bonds and municipal bonds that do not satisfy the definition of Type I securities pursuant to paragraph (j) of§ 1.2 or the definition of Type II securi- ties pursuant to paragraph (k) of § 1.2.
Type III security means an investment security that does not qualify as a Type I, II, IV, or V security. Examples of Type III securities include corporate bonds and municipal bonds that do not satisfy the definition of a Type I security or a Type II security.
Type III security means an invest- ment security that does not qualify as a Type I, II, IV, or V security, such as corporate bonds and municipal revenue bonds.

Examples of Type III security in a sentence

  • However this protocol is not secure in the Type III security model.

  • Otherwise, PSCAb will not be secure in the Type III security model.

  • The protocol PSCAb message flows are shown in the Figure 2.In the following, we use heuristics to show that PSCAb is secure in the Type I, Type II, and Type III security models.

  • In a summary, the protocol is secure in the Type I and Type II security models.D KThe protocol SSCA is not secure in the Type III security model.

  • Nor does the OCC want to imply that banks are precluded frompurchasing other classes of securities,which may meet the definition of ‘‘investment security’’ but are notspecifically listed as a Type III security.

  • Message flows in PSCAb in the Type III security model as follows.

  • The proposal redefined a Type III security as an investment security that does notqualify as a Type I, II, IV, or V security.

  • In particular,the OCC requested comment on whether to include as Type III securities foreign securities that are eligible forinvestment by foreign branches of U.S. banks.The OCC received seven comments onthe definition of a Type III security.

  • This provision gives the OCC flexibility, consistent with the authorizing statute, to review securities that may fulfill the definitional requirements of a Type II security but are not listed in thedefinition.Type III Security (§ 1.2(k))The former rule defined a Type III security as a security that a bank may purchase and sell for its own account,subject to the 10 percent limitation in 12U.S.C. 24(Seventh).

  • Non-financial assets do not normally provide resources to discharge existing liabilities of the Authority.


More Definitions of Type III security

Type III security means an investment security that does notqualify as a Type I, II, IV, or V security, such as corporate bonds and municipal revenue bonds.
Type III security means an investment security that does not qualify as a Type I, II, IV, or V security. Exam- ples of Type III securities include corporate bonds and municipal bonds that do not satisfy the definition of a Type I security or a Type II security.

Related to Type III security

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;

  • Cyber security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • Bid Security (BS) means Earnest Money Deposit / monetary or financial guarantee to be furnished by a bidder along with its tender.

  • Component Security means with respect to an Index, each component security of that Index.

  • Reference Security means the security specified as such in the relevant Final Terms. If a Reference Security is no longer outstanding, a Similar Security will be chosen by the Quotation Agent at 11:00 a.m. (CET) on the third Business Day preceding the Make-whole Redemption Date, quoted in writing by the Quotation Agent to the Issuer and published in accordance with Condition 12 (Notices).