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affidavit of loss

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Financial Dictionary

affidavit of loss

A notarized form detailing the circumstances relating to the loss of securities. An indemnity bond and replacement securities are not made available until an affidavit of loss is accompanied by a 2% surety premium.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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