Negotiable certificates of deposit:

Name: Negotiable certificates of deposit:
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Negotiable certificates of deposit (CDs) can be traded in the money market, which means they can be bought and sold like other securities. They are typically short-term deposits, usually with maturities of less than one year. They are not available at call to depositors and do not provide access to payment services. They are also not known as transaction accounts, which typically refer to a type of checking account.

Negotiable Certificates of Deposit