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 Glossary   >   N   >   "Negotiated certificate of deposit" Definition   

        Negotiated certificate of deposit

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

Negotiated certificate of deposit


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Negotiated certificate of deposit - A large-denomination C.D., generally $1MM or more, that can be sold but cannot be cashed in before maturity.


Negotiated certificate of deposit : a large-denomination c.d., generally $1mm or more, that can be sold but cannot be cashed in before maturity.