代用 だいよう有価 ゆうか証券 しょうけんではありませんでした
daiyōyūkashōkendewārimasendeshita

Noun
Desu Copula

The polite, past negative form of 代用有価証券

1. Was not a substitute security.; Was not a proxy security.

Past/Perfective
Negative
Polite
Formal Register
Finance