Effect financial

Securities or in terms of English language called security is a valuable securities and can be traded. The effect can be classified as debt and equity such as bonds and stocks. Companies or institutions that issue securities called publishers. Securities may consist of a confession debt, commercial paper, stocks, bonds, units of collective investment contracts (such as mutual funds, futures contracts on securities, and any derivatives of securities. Qualifications of an effect is different according to the rules in each country.

The effect can be can be a certificate or an electronic record that is:

* Certificate of performance means that the rightful owner of these securities is / holder of securities.
* The certificate on behalf of the owner of securities that is the rightful owner of these effects is that names are registered on the list held by the issuer or the securities bureau records.

Classification effects

The classification is based on the effects of the following categories:

* Company securities issuer
* Denomination currency used
* The right of ownership
* Maturity period
* The level of liquidity effects
* Payment of interest
* Tax Treatment
Publisher effect

The publisher is the effect of commercial companies, government agencies, local governments, and international and supranational organizations like the World Bank. IOU issued by a government referred to as government bonds (in English called government bonds or sovereign bonds) which usually have interest rates lower than corporate bonds