Series 7: Negotiable CDs

Taken from our Series 7 - General Securities Representative Exam

Definition of the term Negotiable CDs...

CDs that can be sold to someone else in a secondary market. Also known as jumbo CDs because they come in denominations of at least $100,000.

Since you're reading about Series 7: Negotiable CDs, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 7
Please Enable Javascript
to view this content!