In the United States, a security that does not have to adhere to REGISTRATION requirements set forth by the SECURITIES AND EXCHANGE COMMISSION. Securities that are commonly exempted included TREASURY BILLS, TREASURY NOTES, TREASURY BONDS, AGENCY SECURITIES, MUNICIPAL BONDS, PRIVATE PLACEMENTS, and COMMERCIAL PAPER.
Link to This DefinitionDid you find this definition of EXEMPT SECURITY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary