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Froogle 1.1.1.7
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Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

SECURITY

1. an investment in some private (or public) business enterprise

2. instruments for the payment of money (or evidencing title/equity) – with or without some collateral obligation – and which are commonly dealt in for the purpose of financing/investment.

3. protection, safety; the instrument of protection/safety;

4. a person who becomes the surety for another.
Components of a security are:
• an investment of money;

• in a common enterprise;

• with an expectation of profits (which come solely from the efforts of others)
see Bankruptcy; Securities Exchange Act of 1934.

see generally Securities; Securities Acts.
Congratulations! You're now Froogled Up™ on what "Security" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,



www.FroogleMe.com