valuable security definition

valuable security means any document creating, transferring, surrendering or releasing any right to, in or over property, or authorising the payment of money or delivery of any property, or evidencing the creation, transfer, surrender or release of any such right, or the payment of money or delivery of any property, or the satisfaction of any obligation.
valuable security means any document—
valuable security means any document which constitutes a title to or is evidence of title to any property or proprietary right of any kind whatever; and includes any negotiable instrument, bill of exchange or promissory note.

Related to valuable security

  • Tradable Security means a security that meets the following criteria at the time of Disposition: