Negotiated certificate of deposit

• A large-denomination CD, generally $1MM or more, that can be sold but cannot be cashed in before maturity.

 Embedded terms in definition
 M or m
 Related Terms

<< Negotiable order of withdrawal Negotiated issues >>

"Green" Banking: Saving the Environment as You Save and Borrow Money: You're probably already recycling paper, glass and plastic. But did you know you also may be able to help save the environment as you do your banking? Here are options that may be available from your bank. More...

A hero is no braver than an ordinary man, but he is braver five minutes longer. - Ralph Waldo Emerson


Copyright 2009-2018 GVC. All rights reserved.