non-marketable
non-marketable — adjective
1. describes a savings bond or similar financial asset that the owner cannot sell t
describes a savings bond or similar financial asset that the owner cannot sell to another investor; only the person whose name is on the record, or someone they have given written permission, can turn it back into cash at or before its end date.
Apinya bought a non-marketable savings bond from the bank for her son's college fund.
collocation: non-marketable savings bond
Most US Treasury savings bonds are non-marketable, so Andrés could not sell his to a friend.
typical context: US Treasury savings bonds
Because the certificate was non-marketable, Talia had to wait until the maturity date to cash it in.
The accountant explained that non-marketable assets cannot be traded on the stock exchange.
Diya signed a form so that her mother could redeem the non-marketable bond on her behalf.
- non-tradable
very close synonym; both mean the asset cannot be sold on a secondary market
- non-transferable
wider scope; emphasises that ownership itself cannot be passed to another person
- registered
of a bond: tied to a named holder, often implying it is non-marketable
- marketable
can be freely bought and sold by any investor on a secondary market
- tradable
more general; widely traded on exchanges or between parties
文法句型
non-marketable + security/bond/asset
用法筆記
Almost always attributive (placed before a noun like 'security', 'bond', 'asset'); rarely used after 'be' on its own. Subject is typically a savings bond, Treasury security, or other financial instrument registered to one named owner.