ACC UNIT VIII

acc unit viii

acc unit viii

Introduction

Securities may be classified according to many categories or classification systems:

* Currency of denomination

* Ownership rights

* Term to maturity

* Degree of liquidity

* Income payments

* Tax treatment

* Credit rating

* Industrial sector or "Industry". * Region or country (such as country of incorporation, country of principal sales/market of its products or services, or country in which the principal securities exchange on which it trades is located)

* Market capitalization

* State (typically for municipal or "tax-free" bonds in the U.S.)

Classification of Securities

Issuers of securities include commercial companies, government agencies, ...