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 Glossary   >   N   >   "Negotiable Certificate Of Deposit-NCD" Definition   

        Negotiable Certificate Of Deposit-NCD

A certificate of deposit with a minimum face value of $100,000. It is guaranteed by the bank and can be sold, but cannot be cashed in before maturity.

Negotiable Certificate Of Deposit-NCD


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Negotiable Certificate Of Deposit-NCD - A certificate of deposit with a minimum face value of $100,000. It is guaranteed by the bank and can be sold, but cannot be cashed in before maturity.


Negotiable Certificate Of Deposit-NCD : a certificate of deposit with a minimum face value of $100,000. it is guaranteed by the bank and can be sold, but cannot be cashed in before maturity.