CONTENT:
INTRODUCTION 1
1. Definition and essential features 2
2. Replacement and essential elements of securities 4
3. Types of securities 5
3.1. Securities according to the content of the incorporated law 5
3.2. Securities according to to the wearer rights from securities 6
3.3. Securities by maturity 8
3.4. Securities by Content 8
3.5.
Securities by Issuer 9
3.6. Securities by income 9
3.7. Dispositive and traditional securities 10
3.8. Securities by according to the length of maturity 10
4.
Securities trade 10
5. Quenching rights from the securities 12
CONCLUSION
13
LITERATURE 14
INTRODUCTION
This term is defined in the Law on Obligations, to say the least, a security is a document
of a civil right. The requirement that a right contained in a securities relates to a civil right indicates
that documents relating to another right, such as: with certain certificates, diplomas, birth
certificates, are not considered securities values. When it is said that the right is contained in the
securities, it is implied that it is most often a liability law incorporated in the written document itself
and cannot be exercised without it. Securities are documents that promise to pay money, interest,
earnings or dividends. The paper itself as a security does not have any particular value. Since the
right to which the security relates cannot be exercised or transferred without that security, it obtains
in legal circulation the value of that right. Securities in the narrow sense are investment instruments,
that is, securities with a risk of investment offset by potential earnings. This group of securities
contains stocks, bonds, options, other derivatives. These securities are either an expression of an
equity (stock) or indirectly an equity (option) or credit (bond) arrangement. They are sold and
bought in a specialized financial market ie. capital markets and represent the most significant group
of financial instruments traded in the financial markets. In a broader sense, securities and credit and
payment instruments, such as checks, bills,, bills of lading and the like, also belong.
hence the statement that the value of the securities equates to the value of what the right applies to.
It is a common statement that the value of the securities is in fact the value of the securities.
The right to the securities is really the right to things. Its holder (holder) has the right to hold,
dispose, the right to buy and sell, the right to pledge, the right to give it. Right over the securities is a
condition for exercising the rights contained in the securities, because that right is the one for which
the securities was issued. Without presentation of the securities, the right from the securities cannot
be proved, that is, there is no basis for the debtor to be required to pay or other act, which is defined
by the character of the securities if it cannot be presented. By holding the securities, the holder
exercises the right to claim specified in the securities.
The unity of securities rights and securities rights, that is, their inseparability, is one of the
basic rules that characterize securities. Whoever owns the securities owns both rights. Transfer of
securities means transfer of both rights. An entity that transfers a securities to another entity also
transfers the securities and the property right, ie the right to claim. The entity to which the securities
is transferred becomes the owner of the securities and the property rights to which it relates. By law,
securities can be issued (issued) by federal states, member states, provinces, cities, municipalities,
companies, banks and other financial institutions, insurance organizations and other legal entities
(issuers). A foreign legal entity may issue securities under the conditions of reciprocity, in the
manner and under the conditions established by the law on securities.
The securities is on the new money. Exceptionally, a bond, a bills of exchange,
government notes and certificates of deposit may all be foreign-currency denominated. An issuer
may sell foreign currency only in a foreign market. Foreign currency-denominated securities can be
bought and sold on the secondary market for new moneys. The basic forms of securities are stocks,
bonds, certificates, treasury bills and commercial papers. In addition to these, other securities
appear on the financial market, such as: bill of exchange, check, bill of lading, warehouse, bill of
lading, bank guarantee, letter of credit and more.
2. REPLACEMENT AND ESSENTIAL ELEMENTS OF SECURITIES
If the securities is damaged, at the request of the holder, the issuer may replace it with a
new securities, provided it informs the competent federal authority in advance. If the name of the
securities is destroyed or disappeared, the issuer may replace it provided that it was declared invalid
by the issuer and notify the competent authority accordingly.
The essential elements of a securities are:
1. The type of securities;
2. Class code and serial number;
3. The name, headquarters and address of the issuer of the securities, its designation in the
register of issuers with the Commission;
4. Nominal value;
5. An indication that the securities is reads on the bearer or the name;
6. Data on the buyer of the securities by name, namely: the name and registered office of the
legal entity or the name and surname and unique identification number of the citizen or the
account number of the holder of the securities with the Central Registry for a foreign natural
person;
7. The obligations of the issuer and the rights and obligations of the securities owner and the
manner of their realization;
8. Place and date of issue of the securities;
9. Names of persons authorized to represent the issuer;
10. The second element set out in Commission regulations.
The form of the securities is determined by the issuer by the decision to issue the securities.
Securities of one class are issued in the same form.
