### Question
Can you define what stock or securities means?


### Answer
**Stock or securities** is defined as the following in *26 U.S.C. § 1083*:

> shares of stock in any corporation, certificates of stock or interest in any corporation, notes, bonds, debentures, and evidences of indebtedness (including any evidence of an interest in or right to subscribe to or purchase any of the foregoing)

#### Citation:
  - *26 U.S.C. § 1083*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter O-Gain or Loss on Disposition of Property > PART VI-EXCHANGES IN OBEDIENCE TO S.E.C. ORDERS**

