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What are the main types of financial securities?
This short video from SOAS Prof Pasquale Scaramozzino explains what is meant by securities and explores how different securities are classified.
By financial securities, or financial assets, we mean legally binding contracts which give their owners the right to receive future payments, under specified conditions.
But there are many ways of classifying financial securities, with each type of security having its own distinct features. Prof Pasquale Scaramozzino explains.
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