Negotiable Instruments of Deposit definition

Negotiable Instruments of Deposit or “NID” means a negotiable instrument issued by the Bank whether in scripless form or otherwise, evidencing that the Principal Amount has been deposited with the Bank for a specified Tenure at a specified Interest Rate and such other specific terms set out in the Term Sheet and Confirmation in accordance with this Schedule 2. In the case of scripless NIDs, the Customer will not hold any physical certificate. The scripless NID will be deposited and cleared through the Bank’s book entry system;
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Negotiable Instruments of Deposit. “NID” or “Islamic Negotiable Instruments” / “INI” means a negotiable instrument issued by the Bank whether in scripless form or otherwise, evidencing that the Principal Amount has been placed with the Bank for a specified Tenure at a specified Interest / Profit Rate and such other specific terms set out in the Term Sheet and Confirmation in accordance with this Schedule
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Examples of Negotiable Instruments of Deposit in a sentence

  • All transaction costs directly attributable to the acquisition are also included in the cost of the investment.The fair value of Negotiable Instruments of Deposit (“NID”) are based on broker quotes, whereas the fair value of fixed/yield bearing deposits is the principal itself.

  • Not insured deposit account (e.g. Negotiable Instruments of Deposit, Money Market Deposit, etc.).

  • The fund management company subsequently invest RM2 million into Zero-coupon Negotiable Instruments of Deposit (ZNID) issued by financial institution A.The custodian is expected to maintain records of client’s portfolio/assets totalling RM10 million, i.e. including the RM2 million ZNID with financial institution A.

  • These are as under: Islamic Negotiable Instruments of Deposit (INID)In this transaction, the customer deposits a fix amount with the Islamic banking institutions based on Muḍārbah.

  • Islamic negotiable instruments primarily consist of Islamic Negotiable Instruments of Deposit and Negotiable Islamic Debt Certificate.

  • All transaction costs directly attributable to the acquisition are also included in the cost of the investments.The fair value of Negotiable Instruments of Deposit ("NID") are based on broker quotes, whereas the fair value of fixed/yield bearing deposits is the principal itself.

  • Unquoted Zero-coupon Negotiable Instrument of Deposit ("ZNID") in Malaysia For unquoted Zero-coupon Negotiable Instruments of Deposit ("ZNID"), the indicative values were determined by reference to the indicative price obtained from the issuer of the investment.

  • For management purposes, the Fund is managed under two main portfolios, namely "unquoted structured products and unquoted bonds" and "unquoted Zero-coupon Negotiable Instruments of Deposit (ZNID) and money market instruments".

  • HIGHLIGHTS Options Underlying:PIMCO Funds Global Investors Series Plc - Income Fund EUR (Hedged) Bloomberg Ticker:PINEEHA ID Equity Participation Rate:200% Strike Price:EUR 12.82 Observation Period 08 May 2019 08 May 2020 07 May 2021 Asset Allocation At CommencementZero-coupon Negotiable Instruments of Deposit (ZNID):90% Option 10% DISCLAIMER:As this is a close-ended f highlighting the key feat contents of the PHS and investing.

  • Service provided over Secondary Receipt and Delivery Points will be non-firm only, on an as- available basis and will not displace any firm or non firm service reserved or scheduled by third- parties under the Tariff or by the Transmission Provider on behalf of its Native Load Customers.

Related to Negotiable Instruments of Deposit

  • negotiable instrument means a Written document, that:

  • Negotiable Collateral means all of Borrower’s present and future letters of credit of which it is a beneficiary, drafts, instruments (including promissory notes), securities, documents of title, and chattel paper, and Borrower’s Books relating to any of the foregoing.

  • Guaranties each is defined in Section 4.1 hereof.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Indorsement has the meaning specified in Section 8-102(a)(11) of the UCC, and “Indorsed” has a corresponding meaning.

  • Reference Instrument means Natural Gas (Henry Hub) Future.Currency: USDISIN: US12573E1010Bloomberg Symbol: NG1 Comdty

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • Account Agreement means the agreements for the operation of the Account.

  • Money Market Instruments means instruments normally dealt in on the money

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.