A Negotiable CD Is

A negotiable CD is

A) a time draft payable to a seller of goods,with payment guaranteed by a bank.
B) a loan to an individual or business to purchase a home,land,or other real property.
C) a short-term fund transferred between financial institutions usually for no more than one day.
D) a marketable bank-issued time deposit that specifies the interest rate earned and a fixed maturity date.
E) a short-term unsecured promissory note issued by a company to raise funds for a short time period.

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