Securities - Legal lexicon
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Legal lexicon > Securities

Securities

Any investment under the Securities Act. The Securities Act applies to the following forms of investments:

(a) a security recognized as such in the trade, more particularly, a share, bond, capital stock of an entity constituted as a legal person, or a subscription right or warrant;

(b) an instrument, other than a bond, evidencing a loan of money;

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(c) a deposit of money, whether or not evidenced by a certificate except a deposit received by the Gouvernement du Québec, the Government of Canada, or one of their departments or agencies;

(d) a share in an investment club;

(e) an investment contract (contract whereby a person, having been led to expect profits, undertakes to participate in the risk of a venture by a contribution of capital or loan, without having the required knowledge to carry on the venture or without obtaining the right to participate directly in decisions concerning the carrying on of the venture);

(f) an option or other non-traded derivative whose value is derived from, referenced to or based on the value or market price of a security, granted as compensation or as payment for a good or service;

(g) any other form of investment determined by government regulation.

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