Non Negotiable Security

From Open Risk Manual

Definition

Non Negotiable Security. A security that is not transferable to another party

Certain securities that can be redeemed by the issuer may not be 'negotiable', such as savings bonds and certificates of deposit.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.