Investments in debt and equity securities that are held for current resale by banks and stockbrokerage firms are termed

Question

Quizplus · Accepted Answer

Trading securities are investments made by banks and stockbrokerage firms in debt and equity securities that are held for current resale. Available-for-sale securities are held as investments, but not necessarily for immediate resale. Held-to-maturity securities are held until their maturity date, and marketable securities refers to any security that can be easily bought or sold on the market.

Investments in Debt and Equity Securities That Are Held for Current