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what do we mean by securities?

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(Querist)
13 August 2009 what is the difference between securities and shares/debentures?
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
13 August 2009 securities is a broad term which inludes all type of instument e.g. share(equity/ preference), debenture, T- bill, bonds, commericial Bill (Bill of exchange), Mutual funds, warrents, government securities, NSC etc, However share means equity ans preference share(in india)and dennture including deneture stock represents claim on nonet lend to a preson whether secured or unsecured.


for detail 'Security' definition see Secutiries Contract (Regulation)Act
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CA. Amit Daga

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CA. Amit Daga (Expert)
14 August 2009 in share ur the owner of the company and in debenture ur the lender
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Ankur Garg

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Ankur Garg (Expert)
14 August 2009 Please click the link below to know the basic idea about equity:

https://www.caclubindia.com/articles/article_list_detail.asp?article_id=2005


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