Business / Taxes / Defensive Security: Defensive securities tend to remain more stable in value than the overall market, especially when prices in general are falling. Defensive securities include stocks in companies whose products or services are always in demand and are not as price-sensitive to changes in the economy as other stocks. Some defensive securities could be stock in food, pharmaceuticals, and utilities companies. Defensive securities may also be known as countercyclicals.
Security Verb Synonyms: safety, shelter, protection, fastness, refuge, safe keeping, sanctuary, asylum
Business / Real Estate / Security Agreement: Security interests in chattels (personal property) are created by an instrument known as a security agreement. To give notice of a security interest, a financing statement must be recorded. MORE
Business / Finance / Security: Piece of paper that proves ownership of stocks, bonds, and other investments. MORE