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In other words, occurrence of some issued "the valuable rights" (a tracing-paper with
German for paperless releases of securities) as objects of the property,
Meaning the property right to other objects, gives the chance
To exchange the rights to real big and difficult objects, without mentioning at
It their functioning and a site.
Slightly having expanded concept of the classical financial tool and having reduced
It is a series of the standardised alienated interchangeable bunches of the rights, with
The established rights to these rights.
To the rights - obligations): from money (as specific obligations
The states), actions and bonds to vouchers (nominal privatisation checks) and
Coupons on soap. Derivative financial tools (it, options etc.)
The friend. But not to enter without need new terminology, it is possible to leave
Double for the real (physical) world of manufacture and an exchange. As a whole
The financial market possess different liquidity (treated here as time,
Necessary for the conclusion of the mutually beneficial transaction after an exit on the market with
The offer to sell/buy).
At the heart of functioning of the financial markets accurate rules of a cedation lie
As in our country registration of competences of proprietors had very strange
Strange (as, however, and systems of performance of contracts).
It is possible to allocate such rights (by the way, the rights of the emitter and shareholders - different):
1. The right to pass other person (sale, donation) - base property
2. The right to share - depends on scale of division of the property, can be
It is applied it or "double possession" etc.
3. A vote
4. The right to the information on a status of object of the property - balance, time
Meeting carrying out
5. The right to production part - the dividend
6. The right to put the question to the vote (activism) - the right to send message
To object of the property with corresponding processing.
7. The right to pass the stipulated part of the rights to other person (guardianship, a trust);
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