A security originally sold by a business or government to raise money is called a(n):
A)derivative.
B)primary asset.
C)primary debt.
D)futures contract.
E)option contract.

Question

Quizplus · Accepted Answer

A security that is originally sold by a business or government to raise money is called a primary asset. Derivatives, futures contracts, and option contracts are all financial instruments used for investment or hedging purposes, while primary debt refers to the initial debt issued by a borrower.

A Security Originally Sold by a Business or Government to Raise