A security which is comprised of two parts that cannot be separated from one another. The two parts of a stapled security are a unit of a trust and a share of a company. The resulting security is influenced by both parts, and must be treated as one unit at all times, such as when buying or selling the security.
Related information about stapled security:
- Stapled security - Wikipedia, the free encyclopedia
A stapled security is a type of financial instrument, a security that is contractually bound to one or more other securities to form a single salable unit. For example ...
- What is stapled security? definition and meaning
Definition of stapled security: A security which is comprised of two parts that cannot be separated from one another. The two parts of a stapled security are a unit ...
- Stapled securities - Australian Securities Exchange - ASX
A stapled security is where investors own two or more securities which are generally related and bound together through one vehicle.
- Stapled securities information - Macquarie Bank
How should the cost base of a stapled security be calculated? The cost base calculation of the stapled security's underlying assets will depend on how the ...
- Westfield Group - Guide for new investors
A Stapled Security is a combination of separate securities that trade together as one security on the Australian Securities Exchange (ASX). A single Westfield ...
- Stapled securities | MoneySmart by ASIC
Mar 13, 2012 ... A stapled security is an investment with two parts that can't be separated from each other. A common example would be a listed property trust ...
- Becton > BEC Stapled Security
... Governance · Board · Management · BEC Stapled Security Price · Contact Us · Home > Investor Centre > BEC Stapled Security. BEC Stapled Security ...
- Stapled Securities: An Antipodean Anomaly
Jan 15, 2012 ... This paper outlines the features and usage of stapled security ... Stapled security structures have been used frequently in Australia by a range ...