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What is a dollar denominated security?

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muskiefan82 | 19:27 Tue 07th Feb 2006 | Business & Finance
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What is a dollar denominated security
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It's a stock/share/bond/debt that's priced in dollars.


For example, General Motors' shares or Microsoft shares are priced in dollars, and British airways shares are priced in UK sterling, making them a sterling denominated security.

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