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Investments glossary

Worthless Securities


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Quotes of the day:

Oil prices will keep breaking new records until other countries move to nuclear and alternative energy sources or we discover massive new reserves and increase production dramatically over the next few years.

— Med Jones

Worthless securities have a market value of zero. Worthless securities can include stocks or bonds that are either publicly traded or privately held. These securities, along with any securities that an investor has abandoned, result in a capital loss for the owner and can be claimed as such when filing taxes.


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