Why is it called a security? – InterviewSolution

InterviewSolution

1.	Why is it called a security?
Answer» ginal MEANING of "security," which dates back to the mid-15th CENTURY, was property pledged to GUARANTEE some DEBT or promise of the owner. Starting in the 17th century, the word came to be used for a document evidencing a debt, and eventually for any document representing a financial investments

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