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Securities

English translation: Instrument of investment/Financial Instrument

12:29 Sep 16, 2018
English language (monolingual) [Non-PRO]
General / Conversation / Greetings / Letters / Circa 1900
English term or phrase: Securities
From Hound of the Baskervilles:

"Sir Charles had the reputation of being very rich, but we did not know how very rich he was until we came to examine his securities."

Should I take 'securities' to mean literally the stocks and bonds that he had [as part of his estate]?
Lincoln Hui
Hong Kong
Local time: 08:54
Selected answer:Instrument of investment/Financial Instrument
Explanation:
It really depends on what is the wider context, what is the role and goal of the speaker. Anyways, If he is not a financial broker, for example, you can use the bigger meaning of "securities" which is "an instrument of investment in the form of a document (such as a stock certificate or bond) providing evidence of its ownership"
Selected response from:

Omar Al-Awady
Egypt
Local time: 02:54
Grading comment
3 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
5 +3Instrument of investment/Financial Instrument
Omar Al-Awady


Discussion entries: 1





  

Answers


9 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
securities
Instrument of investment/Financial Instrument


Explanation:
It really depends on what is the wider context, what is the role and goal of the speaker. Anyways, If he is not a financial broker, for example, you can use the bigger meaning of "securities" which is "an instrument of investment in the form of a document (such as a stock certificate or bond) providing evidence of its ownership"



    https://www.investopedia.com/terms/s/security.asp
    https://www.merriam-webster.com/dictionary/security
Omar Al-Awady
Egypt
Local time: 02:54
Native speaker of: Arabic

Peer comments on this answer (and responses from the answerer)
agree  Shekhar Banerjee
1 hr
agree  Muhammad Said
2 hrs
agree  Jack Doughty
3 hrs
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