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Definition of Letter security
1. Noun. A stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market.
Lexicographical Neighbors of Letter Security
Literary usage of Letter security
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Manual for the Use of Notaries Public and Bankers: Comprising a Summary of by Bernard Roelker, Isaac Smith Homans (1864)
"Protest for letter Security. If it happens that, after acceptance, and before
the maturity of the ... This protest is called a protest for letter security. ..."
2. Declaration of War: A Survey of the Position of Belligerents and Neutrals by Douglas Owen (1889)
"giving detailed particulars as to build, rig, voyage, crew, arms, &c.; and, before
issue of the letter, security had to be given under a bail bond on the ..."
3. A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-notes and by John Barnard Byles, Maurice Barnard Byles (1891)
"'214 Pmtest fir letter Security . 214 Noting . . . .214 Notice of Protest Copy
of Protest Wfan Protest excused Protext of Inland Bills and PAGE 215 215 216 ..."