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:
“It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.”
—Andrew Jackson (1767–1845)
“If equity and human natural reason were allowed there would be no law, there would be no lawyers.”
—Christina Stead (1902–1983)