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A negotiable Instrument drawn against deposited Fund, to pay a specified amount of Money to a specific person upon Demand. Examples include bills of Exchange and Draft.

Related Terms: 11 Bill, CLU, Draft, Demand, Exchange, ECI, Fund, Inc., Instrument, Money, Negotiable instrument
Other Related Pages: Category: Banking Starting With: C
Additional Related Terms: 1035 exchange, 12b-1 funds, Automatic Funds Transfer, Accrual of discount, American Stock Exchange, Amortization of premium, Active money, Aggregate demand, Aggregate demand curve, Add-on service