Exchangeable Security Law and Legal Definition
Exchangeable security is a security that grants the holder right to exchange the security for common stock of a firm other than issuer of the security. This often happens in takeovers.
Legal Definition list
Related Legal Terms
- Abandoned Security Property [Agriculture]
- Access Control List [National Security]
- Access Control Mechanism [National Security]
- Accessible Space [National Security]
- Adverse Claim on Security
- Agricultural Biosecurity
- Alternate COMSEC Custodian [National Security]
- Alternative Security Program
- American Society of Industrial Security [ASIS]
- Anti-Spoof [National Security]