nonmarketable security(redirected from Nonnegotiable Instrument)
Securities that cannot be easily bought and sold.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A security that may not be bought or sold. Generally, a nonnegotiable security may be redeemed by the issuer, but this is often subject to some limitations. Low-risk instruments such as savings bonds and certificates of deposit are examples of nonnegotiable securities. They are also called nonnegotiable securities and nontradeable securities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A security that may not be sold by one investor to another. This type of security is generally redeemable by the issuer, although within certain limitations. U.S. Treasury savings bonds and most certificates of deposit are nonmarketable securities. Also called nonnegotiable security.
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.