Marketability

Definition:

A negotiable security is said to have good marketability if there is an active secondary market in which it can easily be resold.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Lapsed option

An option that no longer has any value because it has reached its expiration date without being exercised.

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