Non Tradable Debt Instrument

Definition

Non Tradable Debt Instrument. A debt instrument that may not be bought or sold

Generally, a nonnegotiable instrument may be redeemed by the issuer, but this is often subject to some limitations.

Example

Low-risk instruments such as savings bonds are examples of nonnegotiable debt instruments.

See Also

• Non-Tradeable. (n.d.) Farlex Financial Dictionary. (2009). Retrieved December 16 2016 from http://financial-dictionary.thefreedictionary.com/Non-Tradeable

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.