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An NCD Is a Wholesale-Sized Deposit That Has a Fixed

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An NCD is a wholesale-sized deposit that has a fixed term and an agreed interest rate that can be traded in the money market.


Definitions:

Book Value

The value of a company or asset according to its financial statements, calculated as total assets minus intangible assets (like patents) and liabilities.

Trademark

A recognizable sign, design, or expression which identifies products or services of a particular source from those of others.

Fair Value

The cost at which a property is exchanged in a structured deal between parties in the market on the date of evaluation.

Long-Term Liabilities

Debts or obligations that are due after a period of one year or more.

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