Negotiable Security - Negotiable Security is any equity or debt instrument that readily salable and converted into cash, or exchanged with ease.
A written promise or order signed by the maker to transfer a specified sum of money on demand or at a fixed future time to the person named on the instrument or to the bearer.
A negotiable instrument is a document which includes a promise to pay a set sum of money to the bearer of the document either on demand or on a given date. The instrument can be freely transferred without the need to notify the person from whom it originated.
Negotiable CDs, introduced in the early 1960s, can be sold before maturity in the secondary money market. However, only short-term CDs-less than 3 months-have an appreciable market.
A feature of a security enabling the owner to transfer title or ownership.
The total assets held in a mutual fund.
A certificate that is transferable by delivery and which, in the case of a registered certificate, has been duly endorsed and guaranteed. Transferable from one party to another.
~ Certificate Of Deposit (NCD)
A certificate of deposit with a minimum face value of $100,000. These are guaranteed by the bank and can usually be sold in a highly liquid secondary market, but they cannot be cashed-in before maturity.
~ Order of Withdrawal (NOW) Account ...
~ - Refers to a security, the title to which is transferable by delivery.
~: A term used to describe a security for which title may be transferred by delivery, such as a stock certificate with a properly signed stock power.
~ Order of Withdrawal ...
An interest-earning bank account with which the customer is permitted ...
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A type of variable rate involving a renewable short-term "balloon" note. The interest rate on the loan is generally fixed during the term of the note, but when the balloon comes due, the lender may refinance it at a higher rate.
The ~ securities market
Bank accepted bills of exchange and ~ certificates of deposit are ~ short term securities issued by trading banks used to effect short term financing for periods typically between 30 and 180 days.
~ U.S. Government debt obligations, backed by its full faith and credit. Exempt from state and local taxes. U.S. treasury securities are issued by the U.S. government in order to pay for government projects. The money paid out for a treasury bond is essentially a loan to the government.
~ certificates issued by depositary banks which represent ownership of a given number of a company's shares, listed and traded separately from the underlying shares.
Glossary item X
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Investors must also be aware of the following mandatory cost and charges that will be levied on transactions: ...
A security whose title is transferable by delivery . See also: ~ instrument.
~ bill of lading
Contract that grants title of merchandise to the holder, which allows banks to use the merchandise as collateral.
~ - A feature of a security that enables the owner to transfer ownership or title. A non-negotiable instrument has no value.
A ~ certificate in bearer form issued by a commercial bank as evidence of a deposit with that bank which states the maturity value, maturity rate and interest rate payable.CDs vary in size with maturities ranging from a few weeks to several years.
It is a negotiable certificate showing indebtedness which is issued for a period of more than one year. The bond investor lends money to the issuer and the latter, in exchange, promises to repay the loan amount on a specified maturity date plus periodic interest payments over the life of the bond.
CPs are negotiable, short-term, unsecured, promissory notes with fixed maturities, issued by well rated companies generally sold on discount basis.
CommissionSearch for Term
A fee charged by a broker or distributor for his/her service in facilitating a transaction.
A security is a negotiable financial instrument representing a specific value and usually tradable through a liquid market. The term includes almost all forms of "paper-based" investments, public and private, excluding only commodities like gold (though not gold miners) from its definition.
[Harvey] at sight A negotiable instrument payable upon presentation or demand. [FDIC] at-the-market An order to buy or sell a financial instrument (eg. futures, options, etc.) at whatever price the contract is trading when the order is executed.
The statute that created SIPC rules provides that customers of a failed brokerage firm receive all non-negotiable securities that are already registered in their names or in the process of being registered.
A ~ certificate in bear...
Certificate of Deposit (CD) : A ~ certificate in bearer form issue...
CFTC : See Commodity Futures Trading Commission.
Chaikin Money Flow : Abbreviated CMF. A technical indicator that combines...
Credit Derivative - Privately held negotiable bilateral contracts that allow users to reduce their exposure to credit risk
Currency Swap - A swap that involves the exchange of principal and interest in one currency for the same in a different currency.
renegotiable-rate mortgage (investment & finance)
renminbi (investment & finance)
rent control (investment & finance)
reopen an issue (investment & finance)
reopening (investment & finance)
reorganization (investment & finance)
reorganization plan (investment & finance) ...
Commercial paper (CP): CP is a short term negotiable debt instrument. Normally the maturity does not exceed 365 days. It can be issued by a bank or a corporate under a CP programme.
The programme will have several dealers.
Shipping Certificate: A negotiable instrument used by several futures exchanges as the futures delivery instrument for several commodities (e.g., soybean meal, plywood, and white wheat).
M4 - In the US it is M2 plus negotiable CDs.
Maturity - a bond's expiration date, ...
From an operational perspective DVP is a sale transaction of negotiable securities (in exchange for cash payment) that can be instructed to a settlement agent using SWIFT Message Type MT 543 (in the ISO15022 standard).
Anonymous and highly negotiable, bearer bonds are virtually equivalent to cash. The Tax Reform Act of 1982 ended the issuance of such bonds in the United States, but many remain in circulation.
Book-entry bonds. These are bonds for which certificates are not available to investors.
Related: ~ order of withdrawal accounts Derivative instrumentsContracts such as options and futures whose price is derived from the price of the underlying financial asset. Derivative marketsMarkets for derivative instruments.
The New Behaviour is Non ~
When you are developing your new success habit, do not tempt yourself to act in any other way by making the new habit optional. For example: if your new habit is to go to bed at a specific time. Even if you are not tired, go to bed. Relax and try to switch off.
Money market deposits are non-~. This means they cannot be traded or otherwise transferred to another party. This is what distinguishes a money market deposit from a certificate of deposit, which is ~.
An investment that is represented by a ~ document issued by a corporation or governmental entity for the purpose of raising capital.
One thing that traders can quickly do to increase their efficiency is to come up with rules or non-~s as to when a currency pair or chart isn’t showing an edge for the trader to work with.
Bearer bonds are a type of ~ security that originated in the United States probably during the Reconstruction era following the Civil War. Most bonds are registered to a specific owner.
“Saving at least $1,000 in emergency savings should be a non-~ part of your overall money management plan. This holds true regardless of any existing debt you're trying to pay down. Why?
Global Depositary Receipt (GDR) - ~ certificates which prove ownership of a company's shares. They are marketed internationally, mainly to financial institutions.
An ADR is actually the ~ physical certificate that evidences ADSs (in much the same way a stock certificate evidences shares of stock), ...
As is the case in any industry, fees vary and may be ~; however, there is a general fee structure that every managed futures investor should be familiar with. Fees tend to be made up of three components: i) commissions (the costs of executing and clearing futures and options calculated, ...
Treasury Bills, Notes, Bonds: ~ debt obligations of the U.S. government. T BILLS are short-term instruments with maturities of one year or less, issued at a discount from face value. T NOTES are intermediate securities with maturities of 1 to 10 years.
In the US it is M2 plus ~ CDs.
The minimum margin which an investor must keep on deposit in a margin account at all times in respect of each open contract.
The tender and receipt of an actual commodity or warehouse receipt or other ~ instrument covering such commodity, in settlement of a futures contract.
The date on which the commodity or instrument of delivery must be delivered to fulfill the terms of a contract.
Firm Quote- This is a non ~ price of a security made by a market maker on not more than 100 shares.
Floor- This is the medium whereby bids and offers are made by traders.
ADR is a short form for American Depositary Receipt. This ADR document is a ~ instrument released by a U.S. bank which represents one or more than one shares of a foreign stock or a part of shares that are being traded on the U.S. stock exchange.
* When delivery does occur it is in the form of a ~ instrument (such as a warehouse receipt) that evidences the holder's ownership of the commodity, at some designated location.
It includes ~ instruments, shares or goods and titles to immovable assets. If you feel that your bank works at a snail's pace, try defaulting on a loan - the bank will encase your collateral so fast you'll never know what hit you till it is too late.
When rates go up, the value of long-term ~ securities goes down. When rates go down, the value of the LTNS's goes up. Well, mortgages are LTNS.
The Risk that an Issuer of Debt securities or a borrower may Default on its obligations, or that the payment may not be made On a ~ instrument. Related: Default risk.
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A security that has no identification as to owner. It is presumed to be owned, therefore, by the bearer or the person who holds it. Bearer securities are freely and easily ~, since ownership can be quickly transferred from seller to buyer.
Callable bonds ...
A security that is not registered in the name of an owner. As a result, it is presumed to be owned by the bearer or the person who holds it. Bearer securities are freely and easily ~, since ownership can be quickly transferred from seller to buyer.
Bid price ...
Ml. Money supply measure that is composed of currency in circulation (outside the Treasury, the Fed, and depository institutions), traveler's checks, demand deposits, and other checkable deposits [~ order of withdrawal (NOW) accounts, automatic transfer service (ATS) accounts, etc.].
Dealer or market maker initiated price quote guaranteeing a bid or ask price up to amount quoted on a security which is other than a nominal quotation and hence not ~. Related Term: Ask
First Notice Day ...
Creating a more or less standard investment instrument such as the mortgage pass-through security, by pooling assets to back the instrument. Also refers to the replacement of nonmarketable loans and/or cash flows provided by financial intermediaries with ~ securities issued in the public ...
Over-The-Counter options are those dealt directly between counter-parties and are completely flexible and customized. There is some standardization for ease of trading in the busiest markets, but the precise details of each transaction are freely ~ between buyer and seller.
Money market instruments include such investments as commercial paper, ~ certificates of deposit, and Treasury bills. Investment risk is generally low.
See also: What is the meaning of Market, Stock, Trading, Interest, Issue?