Theeasewithwhichaninvestmentmaybeboughtandsoldinthesecondarymarket.Poormarketabilitytendstoreducethevalueof asecurity. WallStreetWords:An A to ZGuidetoInvestmentTermsforToday'sInvestorbyDavidL.Scott.Copyright©2003byHoughtonMifflinCompany.PublishedbyHoughtonMifflinCompany.Allrightsreserved.Allrightsreserved. ...
A security that may not be sold by one investor to another. This type of security is generally redeemable by the issuer, although within certain limitations. U.S. Treasury savings bonds and most certificates of deposit are nonmarketable securities. Also callednonnegotiable security. ...