NON-SECURITY

An investment that is not as freely marketable or transferable as a security. Unlike a security, a non-security doesn’t require the backing of an underwriter or bank, and involves much less documentation and paperwork. This lack of underwriting reduces the vehicle's liquidity and makes exchanging it between parties more difficult. Non-security investments could still hold value, but will not be quoted on any stock exchange or organized financial market.

POPULAR TERMS

POPULAR ARTICLE