A security with no value. Examples include bonds past maturity or stocks in a bankrupt company. Obviously, holding worthless securities represents a loss to the ...
A security with no value. Examples include bonds past maturity or stocks in a bankrupt company. Obviously, holding worthless securities represents a loss to the ...
Describing anything with no substantial value. For example, a stock certificate in a company that has gone bankrupt is almost always worthless. Farlex Financial ...
Both federal and state laws regulate securities. Before 1929 companies could issue stock at will. Bogus corporations sold worthless stock; other companies ...
This renders the convertible option nearly worthless, and the security acts like common debt. This is considered a low risk investment with the possibility ...
The market value of all securities owned by a mutual fund, minus its total liabilities, divided by the number of shares issued. American Heritage® Dictionary of ...
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State regulations that cover the offering and sale of securities within state boundaries. Although the laws differ among states, most include provisions ...
1. Lacking worth; of no use or value. 2. Low; despicable: that worthless friend of his. worth′less·ly adv.
Cash and coin that has been used so much it is no longer recognizable. Worn currency ceases to be legal tender and is no longer useable.
'Fake and poor quality medicine is worryingly spreading across the region and the globe, especially drugs advertised online without identifying a clear source ...