A security
A) is a claim or price of property that is subject to ownership.
B) promises that payments will be made periodically for a specified period of time.
C) is the price paid for the usage of funds.
D) is a claim on the issuers future income.

Question

Quizplus · Accepted Answer

A security is a financial instrument that represents a claim on the issuer's future income or assets. This can come in various forms, such as stocks, bonds, or mutual funds. Therefore, choice D is the best option as it defines a security as a claim on the issuer's future income.

A Security