By this definition, a player playing at a craps table with other players all sharing the betting on the same outcome is in the process of creating a security each time they roll the dice.
A husband who asks his wife to join him in paying the $25 to sign up for a joint bank account so that they get the free toaster is engaged in Security creation as well it seems.
A club that buys newspapers collectively to cut out the coupons each club member wants meets all four of the criteria as well.
A husband who asks his wife to join him in paying the $25 to sign up for a joint bank account so that they get the free toaster is engaged in Security creation as well it seems.
A club that buys newspapers collectively to cut out the coupons each club member wants meets all four of the criteria as well.