# Securities ### TLDR Think of government or corporate bonds (debt securities) or stock (equities). ### Overview Securities refer to a *fungible*, negotiable financial instrument that holds some type of monetary value. It represents: * An ownership position in a publicly-traded corporation via stock * A creditor relationship with a governmental body or a corporation represented by owning that entity's bond * Or a rights to ownership as represented by an [option](option) --- Date: 20210627 Links to: [Economics MOC](Economics%20MOC.md) Tags: #review References: * [Securities, investopedia](https://www.investopedia.com/terms/s/security.asp)