Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
marketable security
A security that the holder can readily sell on a stock exchange or an over-the-counter market.
nonmarketable security
1. A security that cannot be sold on the market (such as government bonds) and can be redeemed only by the holder. 2. A security that is not of investment quality.