Eureka 32004L0039 Sign in

transferable securities

as defined in Directive 2004/39/EC of the European Parliament and of the Council of 21 April…, Article 4(1), point (18)

those classes of securities which are negotiable on the capital market, with the exception of instruments of payment, such as: (a) shares in companies and other securities equivalent to shares in companies, partnerships or other entities, and depositary receipts in respect of shares; (b) bonds or other forms of securitised debt, including depositary receipts in respect of such securities; (c) any other securities giving the right to acquire or sell any such transferable securities or giving rise to a cash settlement determined by reference to transferable securities, currencies, interest rates or yields, commodities or other indices or measures;

Open in the act with Eureka

Install the extension for EUR-Lex

Also defined in