covered security meaning

  "covered security" in a sentence
[Finance]
A class of securities, created by the NSIMA, that enjoys federally imposed exemptions from state restrictions and regulations. Most stocks trading in the US are covered securities.

Examples

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  1. His plea covered securities fraud, bank fraud, conspiracy and perjury.
  2. His plea covered securities fraud, bank fraud, conspiracy to obstruct justice and perjury.
  3. A " covered security " is one traded nationally and listed on a regulated national stock exchange.
  4. Talks so far covered security, human rights and terrorism, including " its causes here and elsewhere,"
  5. China's Foreign Ministry and the U . S . Embassy have refused to provide details except to say the talks covered security issues.

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PC Version