Financial Dictionary

This dictionary contains:
24549
financial terms

Negotiable order of withdrawal account




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.

RELATED TERMS
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Account
1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent.

Savings
According to Keynesian economics, the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income that he or she earns in a given period of time.

Loan
Something lent (usually money) that will have to be given or paid back (usually with interest).



SIMILAR TERMS
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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 (NOW)
Demand deposits that pay interest.

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
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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)
Demand deposits that pay interest.

Negotiable order of withdrawal account

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.

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This dictionary contains 24549 terms.







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