| 释义 |
DictionarySeenegotiableLegalSeeNegotiablenegotiable security
NegotiableA security that may be bought or sold. Generally, a negotiable security is traded on the secondary market, but the initial sale takes place on the primary market. Negotiable securities may be low-risk, such a Treasury bonds, or high-risk, such as stocks. They are also known as marketable securities. See also: Nonmarketable security.negotiable security See marketable security. |