Debt and Equity
Securities are traditionally divided into debt securities and equities (see also derivatives).
Read more about this topic: Security (finance)
Famous quotes containing the words debt and/or equity:
“There is, of course, a gold mine or a buried treasure on every mortgaged homestead. Whether the farmer ever digs for it or not, it is there, haunting his daydreams when the burden of debt is most unbearable.”
—Fawn M. Brodie (1915–1981)
“If equity and human natural reason were allowed there would be no law, there would be no lawyers.”
—Christina Stead (1902–1983)