A is a security issued by a commercial bank which entitles the holder to receive the amount deposited plus accrued interest on a specified date.

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A negotiable certificate of deposit (CD) is a security issued by a commercial bank that entitles the holder to receive the amount deposited, plus accrued interest, on a specified date. This type of CD can be traded on the secondary market and is often used as a short-term investment by corporations, financial institutions, and individuals. Commercial paper is an unsecured debt instrument issued by corporations to finance short-term cash needs; banker's acceptance is a time draft drawn on a bank that is used to facilitate international trade; and repurchase agreements are short-term loans that are collateralized by securities.

A Is a Security Issued by a Commercial Bank Which