Examlex
Which of the following statements is false?
Securities
Securities that signify ownership in a corporation listed on the stock market, a debt obligation with a government entity or company (bond), or entitlements to ownership through an option.
Day of Record
The date set by a company on which the investors must be on the company's books in order to receive a dividend.
Money Market Instruments
Short-term debt instruments, usually with a maturity of less than one year, used for borrowing and lending in the money market.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations to finance their immediate operational needs, characterized by its low-risk and short maturity period.
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