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What are the features of Certificate of Deposit? - Commerce

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प्रश्न

What are the features of Certificate of Deposit?

टीपा लिहा

उत्तर

  1. Document of title to time deposit
  2. It is unsecured negotiable instruments
  3. It is freely transferable by endorsement and delivery
  4. It is issued at discount to face value
  5. It is repayable on a fixed date without grace days
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Money Market Instruments
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: Money Market - Exercise [पृष्ठ ४३]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
पाठ 6 Money Market
Exercise | Q III. 4. | पृष्ठ ४३
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