transferable security
3611
- (1) (in PRR90 and LR) (as defined in section 102A of the Act) anything which is a transferable security for the purposes of 2829 MiFID 28 29 , other than money-market instruments for the purposes of that directive which have a maturity of less than 12 months.18
- (2) 18(in COLL37) an investment within COLL 5.2.7 R (37Transferable37 securities)3737 in relation to schemes falling under COLL 5.37
- (3) those classes of securities which are negotiable on the capital market, with the exception of instruments of payment, such as:29
- (a) shares in companies and other securities equivalent to shares in companies, partnerships or other entities, and depositary receipts in respect of shares;29
- (b) bonds or other forms of securitised debt, including depositary receipts in respect of such securities; and29
- (c) any other securities giving the right to acquire or sell any such transferable securities or giving rise to a cash settlement determined by reference to transferable securities, currencies, interest rates or yields, commodities or other indices or measures.29