Definition
A broad term for financial asset that has some monetary value.
- Two types
- Equity securities: represent ownership (like stocks)
- Debt securities: money borrowed and has to be repaid (like bonds, which you then get paid interest)
- Investing in securities
- Issuer → entity which creates securities
- Investors → those who buy the securities
- Usually securities are used by issuers to raise money fast and by investors to make money over time