Examlex
Which of the following are members of NAFTA?
Certificate Of Deposit
A savings certificate entitling the bearer to receive interest, representing a time deposit with a bank or financial institution that has a fixed maturity date.
Time Deposit
A bank deposit with a fixed term or period of maturity, often offering higher interest rates than regular savings accounts.
Maturity
The time at which a financial obligation is due to be paid or a financial instrument, such as a bond, reaches its final installment.
Negotiable Instruments
Negotiable instruments are financial documents that promise payment to the holder and are freely transferable, such as checks, promissory notes, and bills of exchange.
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