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Jumbo CD

A certificate of deposit (CD) that is issued by a bank or depository institution to institutional investors and other high-net-worth...

Tiered Certificate of Deposit

A certificate of deposit (CD) that provides increasing interest rates for increasing deposit amounts. The larger the deposit, the higher...

Variable Rate Certificate of Deposit

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...

Variable Rate CD

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...

Basket-Linked Certificate of Deposit

A certificate of deposit (CD) that links the rate of return (yield) to the performance of a basket of stocks....

Negotiable Instrument

A written instrument which is signed by its maker (the drawer) and contains an unconditional promise or order to pay...

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...

Foreign Currency Certificate of Deposit

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

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/...

LIBOR

It is an acronym for London Interbank Offered Rate. It is an interbank rate which is used as a benchmark or...