Stocks, shares and debentures traded in the stock exchange are called

Assessment: WAEC SSCE - Commerce - 2009 (Objective) Subject: Commerce

Question 1 Report

Stocks, shares and debentures traded in the stock exchange are called
Answer Details
Stocks, shares and debentures traded in the stock exchange are called securities. The term "securities" refers to financial instruments that represent ownership in a publicly traded corporation or a creditor relationship with a government body or corporation. These securities are bought and sold in the stock exchange, where investors trade them with the expectation of earning a profit. Some examples of securities include stocks, bonds, and options.
Read lesson note on Stock Exchange (JAMB)
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