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Unit – 15 : Various Types Of Securities
The requisites of a good and acceptable security are as follows:
The borrower should have a good title to the security.
It should be easily and freely transferable.
It should not have any encumbrance or liability for, e.g., partly paid shares.
It should be easily marketable.
It should not be liable to wide price fluctuations.
Its value should be easily ascertainable.
Its storing should not be difficult.
It should be durable.
It should be easily transportable.
Various Kinds of Securities
Land/Real Estate
Stocks and Shares
Debentures
Goods
Trust Receipts
Life Policies
Gold Loan
Book Debts
Fixed Deposits
Supply Bills
Vehicle Financing
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