A negotiable CD allows the initial depositor (or any subsequent owner of the CD) to sell the CD in the open market prior to the maturity date.

Name: A negotiable CD allows the initial depositor (or any subsequent owner of the CD) to sell the CD in the open market prior to the maturity date.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is correct. A negotiable CD can be sold in the open market prior to its maturity date, allowing the owner to cash out before the CD reaches maturity.

A Negotiable CD Allows the Initial Depositor (Or Any Subsequent