Negotiable certificate of deposit A large denomination ($100,000 and larger) certificate of deposit that is issued in bearer form and that can be traded in the secondary market. Negotiable CDs appeal. Free spin coin master link.
- Negotiable certificate of deposit, usually abbreviated to NCD, is a fixed deposit receipt issued by a bank that is negotiable in the secondary market for financial assets.
- 1.Which of the following are typical negotiable certificate of deposit (NCD) denominations? Check all that apply.-$300,000-$900,000-$1,000,000-$4,000,000. 2.Which of the following are characteristics of negotiable certificates of deposit.
Negotiable Certificate of Deposit
A certificate of deposit of large value that can be bought and sold but not redeemed before maturity. See also: Jumbo CD, Callable CD.
Negotiable Vs Non Negotiable Cds
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
negotiable certificate of deposit
A large denomination ($100,000 and larger) certificate of deposit that is issued in bearer form and that can be traded in the secondary market. Negotiable CDs appeal mainly to companies and institutional investors interested in low-risk investments with a high degree of liquidity. See also money market.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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Non Negotiable Certificate Of Deposit
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