The concept and notion of “Security” – a comparative and functional approach

In recent times there has been a substantial increase in the number of issues requiring analysis in the process of determining which transactions should come within the definition of a ‘security’. This is especially true since there have been many new financial instruments and techniques introduced...

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Main Author: Aishah Bidin
Format: Article
Published: Fakulti Undang - Undang 2001
Online Access:http://journalarticle.ukm.my/1632/
http://journalarticle.ukm.my/1632/
id ukm-1632
recordtype eprints
spelling ukm-16322019-05-14T04:43:58Z http://journalarticle.ukm.my/1632/ The concept and notion of “Security” – a comparative and functional approach Aishah Bidin, In recent times there has been a substantial increase in the number of issues requiring analysis in the process of determining which transactions should come within the definition of a ‘security’. This is especially true since there have been many new financial instruments and techniques introduced to the international capital markets. The concept of security in this article is focused on its traditional definition. However, the term “security” is susceptible to more than one definition. Indeed, as the term is now commonly used to describe virtually any form of financial instrument used in connection with a loan, a discussion of corporate securities is also included in this paper. Regardless of how the term is used, the issuance of security confers certain “rights” and “interests” to the creditor. Thus, this paper will evaluate not only the genesis, but also the general notion of security, how it has been applied in different factual situations and the different implications that can be drawn from these varying applications namely in the United Kingdom and Malaysia Fakulti Undang - Undang 2001 Article PeerReviewed Aishah Bidin, (2001) The concept and notion of “Security” – a comparative and functional approach. Jurnal Undang-undang, 5 . ISSN 1394-7729 http://ejournal.ukm.my/juum
repository_type Digital Repository
institution_category Local University
institution Universiti Kebangasaan Malaysia
building UKM Institutional Repository
collection Online Access
description In recent times there has been a substantial increase in the number of issues requiring analysis in the process of determining which transactions should come within the definition of a ‘security’. This is especially true since there have been many new financial instruments and techniques introduced to the international capital markets. The concept of security in this article is focused on its traditional definition. However, the term “security” is susceptible to more than one definition. Indeed, as the term is now commonly used to describe virtually any form of financial instrument used in connection with a loan, a discussion of corporate securities is also included in this paper. Regardless of how the term is used, the issuance of security confers certain “rights” and “interests” to the creditor. Thus, this paper will evaluate not only the genesis, but also the general notion of security, how it has been applied in different factual situations and the different implications that can be drawn from these varying applications namely in the United Kingdom and Malaysia
format Article
author Aishah Bidin,
spellingShingle Aishah Bidin,
The concept and notion of “Security” – a comparative and functional approach
author_facet Aishah Bidin,
author_sort Aishah Bidin,
title The concept and notion of “Security” – a comparative and functional approach
title_short The concept and notion of “Security” – a comparative and functional approach
title_full The concept and notion of “Security” – a comparative and functional approach
title_fullStr The concept and notion of “Security” – a comparative and functional approach
title_full_unstemmed The concept and notion of “Security” – a comparative and functional approach
title_sort concept and notion of “security” – a comparative and functional approach
publisher Fakulti Undang - Undang
publishDate 2001
url http://journalarticle.ukm.my/1632/
http://journalarticle.ukm.my/1632/
first_indexed 2023-09-18T19:33:52Z
last_indexed 2023-09-18T19:33:52Z
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