MARKETABLE SECURITY Definition

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MARKETABLE SECURITY is a readily tradable equity or debt security with quoted prices; to include commercial paper and Treasury bills. It is a "close to cash" asset which is classified as a current asset.

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DEDICATED PORTFOLIO, in securities, is a portfolio where the cash flow from assets is matched in timing and amount to known liabilities.

SENSEX is a Bombay Stock Exchange Index (BSE 30-Share Benchmark Sensex Index).

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