A financial instrument is called a 'primary security' if ii represents the liability of :

Related MCQs

• The legal instrument that pledges a house or other real estate as security for repayment of a loan is called:
• The fixed interest security issued by governments, banks or other financial institutions is also termed
• A tax is characterized by horizontal equity if its liability is -
• Which of the following is regarded as a liability by choosing banks?
• A short-term government security paper is called -
• A bank loan made without collateral security to a private customer for specific purposes is called:
• Deficit financing is an instrument of -
• Custom duty is an instrument of -
• Economics classifies the manmade instrument of production as:
• What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?