👉 A voucherable is a type of financial instrument that allows its holder to receive cash in exchange for a predetermined number or quantity of shares. These instruments are often used by investors who want to hold their investments until they have received a certain amount of cash, but do not want to sell the shares themselves. Voucherable securities can be purchased and sold on exchanges like Nasdaq and NYSE. Vouchers are typically issued by companies that issue them as part of an offering, or through a secondary market
