Letter security

A security sold directly by the Issuer to an investor, without SEC Registration. Can be done only if the buyer signs and sends a letter of intent to the SEC, indicating that the Purchase is for investment rather than resale.

Related Terms: 8 Buy, ECU, Issuer, Purchase, Ratio, Registration, SEC, Sue

Other Related Pages: Category: Stocks Starting With: L

Additional Related Terms: Allowance for depreciation, Asset/equity ratio, Accrual of discount, Agency security, Amortization of premium, Asset-backed security, At par, All or any part, At best, At call