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Roly-Poly CD

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

FCP

An abbreviation for financial commercial paper; a commercial paper that is issued by financial institutions such as banks or insurance...

Foreign Currency CD

A certificate of deposit (CD) that is issued or denominated in a foreign currency or a basket of foreign currencies (a currency/...

Market-Linked CD

A certificate of deposit (CD) that is linked to the performance of some market variable, specifically the price of a stock or a basket of...

Zero-Coupon CD

A certificate of deposit (CD) that can be purchased at a deep discount to its par value. At maturity, its holder can...

Add-on CD

A certificate of deposit (CD) that allows its holder, and contrary to most types of CDs, to deposit more money into the...

No-Penalty CD

A certificate of deposit (CD) that allows its holder (the depositor) to early withdraw the funds, partially or wholly, before maturity of...

High-Yield CD

A certificate of deposit (CD) that offers higher interest rates than usual types of certificates available in the market. These CDs are...

CD Rate

The interest rate on a certificate of deposit (CD). It is the rate paid by a bank to depositors for funds locked...

Callable CD

A certificate of deposit (CD) (a time deposit) that pays its holder a fixed interest rate over its lifespan, and at the same...