bank certificate of deposit
1bank certificate — ➔ certificate * * * bank certificate UK US noun [C] BANKING ► a document signed by a bank official, stating how much money a company has in the bank on a particular date: »a bank certificate of deposit …
2Certificate of deposit — This article is specific to the United States. For a more general article, see Time deposit. Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account …
3certificate of deposit — certificate of deposit: a money market bond of a preset face value (as $10,000) paying fixed interest and redeemable without penalty only on maturity (as after two years) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. certificate of… …
4certificate of deposit — ( CD) A time deposit with a specific maturity evidenced by a certificate. Chicago Board of Trade glossary ( CD) A large time deposit with a bank, having a specific maturity date and yield stated on the certificate. CDs usually are issued with… …
5certificate of deposit — a written acknowledgment of a bank that it has received from the person named a specified sum of money as a deposit, often for a fixed term at a specified interest rate. Abbr.: CD, C.D. * * * ▪ finance a receipt from a bank acknowledging… …
6Certificate of Deposit Account Registry Service — The Certificate of Deposit Account Registry Service (CDARS), is a private, patented, for profit service that breaks up large deposits (from individuals, companies, nonprofits, public funds, etc.) and places them across a network of more than 3000 …
7Certificate of Deposit Account Registry Service - CDARS — A program that allows the public to spread money around various banks. The purpose of CDARS is to help people who invest in certificate of deposits or CDs to stay below FDIC insurance limits at any given bank. Usually, to avoid exceeding FDIC… …
8Certificate Of Deposit - CD — A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term… …
9certificate of deposit (CD) — Receipt from a bank acknowledging the deposit of a sum of money. The most common type, the time certificate of deposit, is for a fixed term interest bearing deposit in a large denomination. It consequently pays higher interest than a savings… …
10Eurodollar certificate of deposit — A certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe. Bloomberg Financial Dictionary * * * eurodollar certificate of deposit eurodollar certificate of deposit ➔… …
