Meet Florine Mark As President and Chairman of the Board of The WW Group, Inc., Florine Mark uses her influence, energy and resources to improve the lives of others. read more > eTools
This is termed non-spuriousness, which simply means ânot false.â A spurious or false relationship exists when what appears to be an association between the two variables is actually caused by a third extraneous variable.
DEFINITION of 'Non-Security'. A type of investment that is not as freely marketable or transferable as a security.Unlike a security, a non-security does not require the backing of an underwriter or bank, and involves much less documentation and paperwork. security is an instrument representing a freely transferable and salable investment, which includes the risk of loss in value. Securities include assets such as stocks, mutual funds, government bonds and debentures.