Negotiable Certificate of Deposit
(redirected from Negotiated CD)

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Negotiable Certificate of Deposit

A certificate of deposit of large value, usually over $1 million, that can be bought and sold, but not redeemed before maturity. See also: Jumbo CD, Callable CD.

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.

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Negotiable Certificate of Deposit (redirected from Negotiated CD)

Negotiable Certificate of Deposit
(redirected from Negotiated CD)