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Roly-Poly Certificate of Deposit

Colloquial for rollover certificate of deposit; a short-term certificate of deposit (CD), usually with a 6-month maturity, where the issuer…

Rollover CD

A short-term certificate of deposit (CD), usually with a 6-month maturity, where the issuer reissues or extends (rolls over) the…

Restricted Asset

An asset that a bank or financial institution is prevented from disposing of in any form including liquidation, sale, transfer...

Rate Lock

A mechanism whereby a borrower can guarantee an interest rate on a loan would not move beyond a specific level...

Repurchase Agreement

A contract which is entered into between a seller and buyer for the temporary sale of securities, such as treasury...

Range Accrual Promissory Note

A type of structured promissory note that has the potential to increase the yield (amount payable) beyond that of a...

Regulatory Arbitrage

The attempt to take advantage of a gap in the regulatory system of a given country. It also includes exploitation...

Relationship Certificate of Deposit

A certificate of deposit (CD) that builds on fostering a special relationship with the holder (depositor) by entitling him to...

Rollover Certificate of Deposit

A short-term certificate of deposit (CD), usually with a 6-month maturity, where the issuer reissues or extends (rolls over) the...

Repudiation

An outright cancellation of all current and future external debt and equity obligations of a borrower. This constitutes a borrower's...