answersLogoWhite

0

Time deposits are negotiable instruments. These are written orders or conditional promise to pay a fixed sum of money on demand or at a certain time.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What instruments are available in the money market?

Treasury bills and bonds, federal agency securities, federal funds, negotiable certificates of deposits, commercial paper, bankers' acceptances, repurchase agreements, eurocurrency deposits, eurocurrency loans, futures instruments, and options


What has the author Wayne K Lewis written?

Wayne K. Lewis has written: 'Illinois law of negotiable instruments' -- subject(s): Negotiable instruments 'Negotiable instruments and other payment systems' -- subject(s): Negotiable instruments, Problems, exercises, Problems, exercises, etc


What has the author Dudley Richardson written?

Dudley Richardson has written: 'A Guide to Negotiable Instruments' 'A simple guide to negotiable instruments and the Bills of Exchange acts' -- subject(s): Bills of exchange, Negotiable instruments


What are the negotiable Certificate of Deposits?

are issued in exchange for a deposits of funds by most American banks are negotiable meaning they can be sold to another holder before maturity


What has the author Leonard Gering written?

Leonard Gering has written: 'Handbook on the law of negotiable instruments' -- subject(s): Negotiable instruments


What does non negotiable mean on a cheque?

It means that the value of the cheque is fixed and it cannot be negotiated or changed. The amount entered in the cheque is the exact amount anyone who deposits this cheque will get. Not a rupee more and not a rupee less. That is why Cheques are called non-negotiable instruments.


Describe two special features of Negotiable Instruments of Deposit?

1 ) Negotiable Instruments of Deposit (NID) are tradeable in the secondary market and can be sold to raise cash in time of short liquidity. 2 ) Holdings of Negotiable Instruments of Deposit (NID) reduces bank's eligible liabilities base. Thus, reducing the amount required to be place in the statutory reserved account.


What has the author Brian Conrick written?

Brian Conrick has written: 'MJL Rajanayagam's The law of negotiable instruments in Australia' -- subject(s): Negotiable instruments


What has the author Kazi Abdul-Aziz written?

Kazi Abdul-Aziz has written: 'Commentary on the Negotiable instruments act, 1881' -- subject(s): Negotiable instruments


What has the author Heman Gerald Chapin written?

Heman Gerald Chapin has written: 'Bankers' forms and the negotiable instruments law' -- subject(s): Negotiable instruments


What does not negotiable mean on a cheque?

It means you cannot cash it. A cheque has to be negotiable to be cashed. Non negotiable means it cannot be cashed. usually if you get a cheque with that stamped on it it is a sample or 'prize' lure for a contest.


What is the accounting computation and entry for discounted negotiable certificate of deposits?

h