A negotiable CD is

Question 4 options:

	a short-term unsecured promissory note issued by a company to raise funds for a short time period.
	a time draft payable to a seller of goods, with payment guaranteed by a bank.
	a marketable bank issued time deposit that specifies the interest rate earned and a fixed maturity date.
	a loan to an individual or business to purchase a home, land, or other real property.