restricted security

[rɪˈstrɪktɪd sɪˈkjʊrəti]
nounpl: restricted securities
segurança restrita
1. A financial security or investment instrument that has limitations on its sale, transfer, or tradability, typically due to regulatory requirements or contractual agreements
The company issued restricted securities to employees that cannot be sold for a specified period.
A empresa emitiu títulos restritos aos funcionários que não podem ser vendidos por um período específico.
2. Securities issued in a private placement or to insiders that are not registered with the SEC and are subject to holding periods before public sale
Restricted securities from the IPO lockup period require a Form 144 filing before sale.
Os títulos restritos do período de bloqueio do IPO exigem um registro no Formulário 144 antes da venda.
In the United States, restricted securities are heavily regulated by the SEC and are common in employee compensation packages (restricted stock units, RSUs). In Brazil, similar instruments exist but are regulated by the CVM (Comissão de Valores Mobiliários). The concept is primarily used in corporate finance and investment contexts rather than in everyday language.
Synonyms / Sinônimos
restricted stockletter stockunregistered securityilliquid securitylock-up security
Antonyms / Antônimos
unrestricted securitypublicly traded securityliquid securityregistered security

Regional Variations

General Brazilian
segurança restrita
Standard financial terminology used in Brazilian markets and regulatory contexts
São Paulo
título restrito
Common alternative in São Paulo's financial district
Portugal
título com restrição de negociação
Portuguese usage emphasizes trading restrictions more explicitly

Related Words

lockup periodForm 144private placementvesting scheduleregistration statementinsider trading

Related Idioms & Phrases

under lock and key
tied up in securities
holding period restrictions
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