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Negotiable order of withdrawal (NOW)
Negotiable order of withdrawal (NOW)Demand deposits that pay interest. RELATED TERMS-------------------------------------- Interest The amount of money a lender loans a borrower to pay for using the borrower's principal. SIMILAR TERMS-------------------------------------- NEGOCIACION AGRICOLA VISTA ALEGRE S.A. NEGOCIACION AGRICOLA VISTA ALEGRE S.A. is an agricultural company listed at Lima stock exchange in Peru. NEGOCIOS E INMUEBLES S.A. NEGOCIOS E INMUEBLES S.A. is a stock listed company in Lima, Peru. Negotiable A security whose title is transferable by delivery. Negotiable bill of lading Contract that grants title of merchandise to the holder, which allows banks to use the merchandise as collateral. Negotiable certificates of deposit Large-denomination bank certificates of deposit that can be traded. Negotiable instrument An unconditional order or promise to pay some amount of money, easily transferable from one party to another. Negotiable order of withdrawal account An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commercial banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and governmental units. Negotiated certificate of deposit A large-denomination CD, generally $1MM or more, that can be sold but cannot be cashed in before maturity. Negotiated commission An unfixed broker's commission that is determined through negotiation, depending on the specifics of the trades performed. Negotiated markets Markets in which each transaction is separately negotiated between buyer and seller (i.e., an investor and a dealer). Negotiated offering An offering of securities for which the terms, including underwriters' compensation, have been negotiated between the issuer and the underwriters. Negotiated sale Determining the terms of an offering by negotiation between the issuer and the underwriter rather than through competitive bidding by underwriting groups. Negotiated underwriting A securities offering process in which the purchase price paid to the issuer and the public offering price are determined by negotiation rather than through competitive bidding. PREVIOUS AND NEXT TERMS-------------------------------------- Neglected firm effect The tendency of firms that are neglected by security analysts to outperform firms that are the subject of considerable attention. Negotiable A security whose title is transferable by delivery. Negotiable bill of lading Contract that grants title of merchandise to the holder, which allows banks to use the merchandise as collateral. Negotiable certificates of deposit Large-denomination bank certificates of deposit that can be traded. Negotiable instrument An unconditional order or promise to pay some amount of money, easily transferable from one party to another. Negotiable order of withdrawal (NOW) Negotiable order of withdrawal account An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commercial banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and governmental units. Negotiated certificate of deposit A large-denomination CD, generally $1MM or more, that can be sold but cannot be cashed in before maturity. Negotiated commission An unfixed broker's commission that is determined through negotiation, depending on the specifics of the trades performed. Negotiated markets Markets in which each transaction is separately negotiated between buyer and seller (i.e., an investor and a dealer). Negotiated offering An offering of securities for which the terms, including underwriters' compensation, have been negotiated between the issuer and the underwriters. We thank you for using the Financial Dictionary to search for Negotiable order of withdrawal (NOW). If you have a better definition for Negotiable order of withdrawal (NOW) than the one presented here, please let us know by making use of the suggest a term option. This definition of Negotiable order of withdrawal (NOW) may be disputed by other professionals. Our attempt is to provide easy definitions on Negotiable order of withdrawal (NOW) and any other medical topic for the public at large.
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