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Finance Dictionary and Glossary of Investment Terms
A printed statement serving as evidence of the transfer of a security from the seller to the buyer. The statement details the breakdown of the amount owed by the buyer to the seller, such as security cost, dividends, interest, and any other charges.
An instrument evidencing the obligation of a seller to deliver securities sold to the buyer. Occasionally used in the bill market.
A financial instrument used to document and identify the seller's obligation to deliver securities sold to the buyer.