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cabinet security

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Financial Dictionary

Cabinet Security

A stock or bond that is listed under a major financial exchange, but is not actively traded.

Investopedia Commentary

The securities stay up in the cabinet like "Mom's fine china." The security may trade only in small lots, such as 5 shares at a time.

See also: Volume

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Financial Dictionary

cabinet security

An inactive security listed on an exchange. The term derives from the type of storage unit in which limit orders for these securities are kept until needed for execution or cancellation.

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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