securities distribution

securities distribution
Corporate action that occurs without any action required on the part of individual holders of the security. In such case, the issuer of a security (or its chosen agent) delivers a security benefit to holders of the security. The corporate action does not affect (reduce) the holding which gives rise to the distribution.

Euroclear glossary. 2008.

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  • securities distribution — Corporate action that occurs without any action required on the part of individual holders of the security. In such case, the issuer of a security (or its chosen agent) delivers a security benefit to holders of the security. The corporate action… …   Financial and business terms

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  • securities — Stocks, bonds, notes, convertible debentures, warrants, or other documents that represent a share in a company or a debt owed by a company or government entity. Evidences of obligations to pay money or of rights to participate in earnings and… …   Black's law dictionary

  • distribution — The giving out or division among a number, sharing or parceling out, allotting, dispensing, apportioning. Corporate. A direct or indirect transfer of money or other property (except its own shares) or incurrence of indebtedness by a corporation… …   Black's law dictionary

  • distribution — The giving out or division among a number, sharing or parceling out, allotting, dispensing, apportioning. Corporate. A direct or indirect transfer of money or other property (except its own shares) or incurrence of indebtedness by a corporation… …   Black's law dictionary

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