
CD -- Certificate of Deposit -- Definition & Example
Oct 1, 2019 · A certificate of deposit (CD) is a relatively low-risk debt instrument purchased directly through a commercial bank or savings and loan institution.
Negotiable Certificate of Deposit (NCD) Definition & Example
Aug 28, 2020 · A negotiable certificate of deposit (NCD) is a certificate of deposit that differs from a conventional CD in that its terms are negotiated with the issuer.
Variable-Rate Certificate of Deposit Definition & Example
Oct 1, 2019 · A variable-rate certificate of deposit (CD) is a CD with an interest rate that can change.
Bump-Up Certificate of Deposit (CD) Definition & Example
Aug 28, 2020 · Bump-Up CD Example Let’s say a bank issues a certificate of deposit with a 7-year maturity date and a bump up option. At the time of purchase, the interest rate on the CD is set at …
Term Deposit Definition & Example | InvestingAnswers
Aug 28, 2020 · What Is a Term Deposit? Also referred to as a time deposit or a certificate of deposit (CD), a term deposit is a type of fixed-term deposit, typically at a banking institution. Term deposits …
Indexed Certificate of Deposit (CD) Definition & Example
Dec 29, 2020 · What Is an Indexed CD? An indexed certificate of deposit (sometimes called a market-linked, equity-linked, or market-indexed CD) is a type of CD that’s based on either a market index, a …
Uninsured Certificate of Deposit (CD) Definition & Example
Dec 29, 2020 · An uninsured certificate of deposit (CD) is a certificate of deposit that is not covered by depositor’s insurance.
Brokered Certificate of Deposit Definition & Example
Aug 12, 2020 · How Does a Brokered Certificate of Deposit Work? A CD is a time deposit with a bank or financial institution. The investor agrees to leave the deposit with the institution for a fixed amount of …
Safekeeping Certificate Definition & Example | InvestingAnswers
Sep 29, 2020 · A safekeeping certificate is a document that proves that a person owns a security or a certificate of deposit (CD).
APY -- Annual Percentage Yield -- Definition & Example
Sep 29, 2020 · For example, let's assume you buy a certificate deposit with a 12% stated annual interest rate. If the bank compounds the interest every month (that is, 12 times per year), then using this …