I have recently been informed by a government office of the United Kingdom that an account balance is X pounds on cash and Y pounds "in a security holding".
What does/might the term "security holding" mean to a UK government office?
Learn English – What does term “Security Holding” mean
meaning
Best Answer
The normal phrasing is 'in securities', meaning bonds, shares, or the like. The singular seems to indicate that the holding consists of just one financial instrument, perhaps one issue of government bonds. The significance is that though the securities (unlike cash) will presumably be appreciating in value, they cannot be liquidated immediately when the time comes to close the account.