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What is a CD market? - Commerce

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प्रश्न

What is a CD market?

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उत्तर

Certificate of Deposits is short-term deposit instruments issued by banks and financial institutions to raise large sums of money. The Certificate of Deposit is transferable from one party to another. Due to their negotiable feature, they are also known as negotiable certificates of deposit.

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Money Market Instruments
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: Money Market - Exercise [पृष्ठ ४३]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
अध्याय 6 Money Market
Exercise | Q II. 2. | पृष्ठ ४३
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