(law) a document that states some contractual relationship or grants some right

a security issued by United States government agencies or the Farm Credit System

a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public; investors receive a portion of the interest payments on the mortgages as well as the principal payments; usually guaranteed by the government

a security whose owner's name is recorded on the books of the issuer (or issuer's agent)

a certificate whose value is recognized by the payer and payee; scrip is not currency but may be convertible into currency

a certificate documenting the shareholder's ownership in the corporation