Cash And Securities Response

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Definition

Cash And Securities Response. Response is to take a distribution of both securities and cash as offered.

SWIFT: Term:"Cash and Securities" Definition:"Election choice includes a distribution of both cash and securities to holders."

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.