Sep 16, 2018 12:29
5 yrs ago
English term
Securities
Non-PRO
English
Other
General / Conversation / Greetings / Letters
Circa 1900
From Hound of the Baskervilles:
"Sir Charles had the reputation of being very rich, but we did not know how very rich he was until we came to examine his securities."
Should I take 'securities' to mean literally the stocks and bonds that he had [as part of his estate]?
"Sir Charles had the reputation of being very rich, but we did not know how very rich he was until we came to examine his securities."
Should I take 'securities' to mean literally the stocks and bonds that he had [as part of his estate]?
Responses
| 5 +3 | Instrument of investment/Financial Instrument |
Omar Al-Awady
|
Responses
+3
9 mins
Selected
Instrument of investment/Financial Instrument
It really depends on what is the wider context, what is the role and goal of the speaker. Anyways, If he is not a financial broker, for example, you can use the bigger meaning of "securities" which is "an instrument of investment in the form of a document (such as a stock certificate or bond) providing evidence of its ownership"
3 KudoZ points awarded for this answer.
Discussion