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What is history of equities being called "securities"?

There is nothing secure about equity. It takes after even un...
irradiated shaky box office quadroon
  05/21/15
...
irradiated shaky box office quadroon
  05/21/15
...
irradiated shaky box office quadroon
  05/21/15
...
irradiated shaky box office quadroon
  05/21/15
Equities are a subtype of securities
Maroon Awkward Dilemma Fanboi
  05/21/15
so? bonds are no different. why did they name any of it secu...
irradiated shaky box office quadroon
  05/21/15
Security also has the meaning of, "fastened, bound.&quo...
painfully honest hell kitty
  05/21/15
That's a good guess. Maybe true. I have a feeling it has to ...
irradiated shaky box office quadroon
  05/21/15
(prancing scholar)
sepia stirring wrinkle
  05/21/15
Earliest corps were joint stock companies that required a ro...
Trip coldplay fan
  05/21/15


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Date: May 21st, 2015 3:19 PM
Author: irradiated shaky box office quadroon

There is nothing secure about equity. It takes after even unsecured creditors. Yet we call attys who deal in equities "securities lawyers". Wtf.

(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27937124)



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Date: May 21st, 2015 3:20 PM
Author: irradiated shaky box office quadroon



(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27937132)



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Date: May 21st, 2015 3:27 PM
Author: irradiated shaky box office quadroon



(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27937180)



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Date: May 21st, 2015 7:44 PM
Author: irradiated shaky box office quadroon



(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27938941)



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Date: May 21st, 2015 8:45 PM
Author: Maroon Awkward Dilemma Fanboi

Equities are a subtype of securities

(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27939328)



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Date: May 21st, 2015 8:50 PM
Author: irradiated shaky box office quadroon

so? bonds are no different. why did they name any of it securities. they aren't secured. wtf is the history of the word securities. it's a misnomer it seems.

(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27939373)



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Date: May 21st, 2015 8:54 PM
Author: painfully honest hell kitty

Security also has the meaning of, "fastened, bound." Maybe it originated in how debtors were bound to the bound to creditors by law, or some shit.

I dunno. I Googled it and nothing came up.

(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27939406)



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Date: May 21st, 2015 8:58 PM
Author: irradiated shaky box office quadroon

That's a good guess. Maybe true. I have a feeling it has to do with how they were originally marketed as "secure" or something in the colloquial sense to attract investors.

(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27939436)



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Date: May 21st, 2015 10:01 PM
Author: sepia stirring wrinkle

(prancing scholar)

(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27940155)



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Date: May 21st, 2015 10:16 PM
Author: Trip coldplay fan

Earliest corps were joint stock companies that required a royal charter, like the e india company. Bc debt doesn't run against the king or some bs like that they couldn't issue bonds. But holding their stock gave you a ratable secured interest in the cargo of an expedition. Hence 'securities'

(http://www.autoadmit.com/thread.php?thread_id=2885956&forum_id=2#27940265)