Substantially similar securities definition

Substantially similar securities means securities that meet all the criteria for substantially similar securities specified in the NAIC accounting practices and procedures manual, as amended, and in an amount that constitutes good delivery form.
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Substantially similar securities means securities that meet all criteria for substantially similar securities specified in the NAIC Accounting Practices and Procedures manual, as amended, and in an amount that constitutes good delivery form as determined from time to time by the Public Securities Administration;
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Substantially similar securities means securities that meet all criteria for substantially similar securities specified in the NAIC accounting manual, and in an amount that constitutes good delivery form as determined by “The Bond Market Association”.
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Examples of Substantially similar securities in a sentence

  • In no event is the requirement of section 475(f)(1)(B)(i) satisfied unless the electing trader demonstrates by clear and convincing evidence that a security has no connection to its trading activities.(3) Substantially similar securities held for trading and investment.


More Definitions of Substantially similar securities

Substantially similar securities means securities that meet all
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Substantially similar securities has the meaning set forth in Section 10.9.
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Related to Substantially similar securities

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.