Define: Corporate Securities

What does "Corporate Securities" mean? The meaning differs based on the contract. We found 2 definitions across 1 company in SEC filings.

Definition 1 (MICROSOFT CORP, seen in 1 filing)

Corporate Securities means US dollar denominated senior debt obligations that are obligations (whether direct or by virtue of guarantees) of corporations organized in the United States whose long-term, unsecured, unsubordinated debt securities are rated at least "A" (or its equivalent successor rating) in the case of Standard & Poor's Ratings Group or "A2" (or its equivalent successor rating) in the case of Moody's Investors Service, Inc.

Source: MICROSOFT CORP 10-K

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Definition 2 (MICROSOFT CORP, seen in 1 filing)

Corporate Securities means US dollar denominated senior debt obligations that are obligations (whether direct or by virtue of guarantees) of corporations organized in the United States whose long-term, unsecured, unsubordinated debt securities are rated at least A (or its equivalent successor rating) in the case of Standard & Poor s Ratings Group or A2 (or its equivalent successor rating) in the case of Moody s Investors Service, Inc.

Source: MICROSOFT CORP 10-K

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Data extracted from 4 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

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This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.