A certificate of deposit (CD) that gives the owner (holder) the right to increase (bump up) its yield one time over the tenure (term)...
A certificate of deposit (CD) that provides its holder (account holder) with a high introductory rate that, later on, steps...
A turbo certificate (knock-out certificate) in which the knock-out barrier (KO barrier) is set equal to the strike price. If...
Typically, the total amount of interest that a depositor receives is calculated by multiplying the applicable floating rate (say, LIBOR) by...