marketable securities
Defined in 2 places of the United States Code.
The term “marketable securities” means any security for which, as of the date of the disposition, there was a market on an established securities market or otherwise.
Source
- 1994–present26 U.S.C. § 453Internal Revenue Code · Installment method · for purposes of this section
The term “marketable securities” means financial instruments and foreign currencies which are, as of the date of the distribution, actively traded (within the meaning of section 1092(d)(1)).
Source
- 1994–present26 U.S.C. § 731Internal Revenue Code · Extent of recognition of gain or loss on distribution · in this section