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Certificate of deposit (CD) |
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Certificate of deposit (CD)Also called a time deposit this is a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited. A CD has a maturity date and a specified interest rate, and can be issued in any denomination. The duration can be up to five years.Certificate of deposit (CD)A document which shows that the bearer has a specified amount of money on deposit with a bank, stock-brokerage firm or other financial institution.Certificate of deposit (CD) Similar MatchesStrip mortgage participation certificate (strip PC)Strip mortgage participation certificate (strip PC)Ownership interests in specified mortgages purchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages. Equipment Trust CertificateEquipment Trust CertificateIn the US, a type of security, generally issued by a railroad, to pay for new equipment. Title to the equipment, such as a locomotive, is held by a trustee until the notes are paid off. An equipment trust certificate is usually secured by a first claim on the equipment. Land certificateLand certificateProof of ownership of a property with no mortgage on it. It details the boundaries of the property and the covenants affecting it. Jumbo certificate of depositJumbo certificate of depositIn the US, this is a certificate of deposit with a denomination of $100,000 and above. They are usually purchased by large institutions such as banks and insurance companies. Participation certificates (PC)Participation certificates (PC)Used in the context of general equities. Investments representing an interest in a pool of funds or in other instruments, such as foreign securities, that allow participation in the rise or fall of a security or group of securities. Further SuggestionsCertificates of Automobile Receivables (CAR)Guaranteed Mortgage Certificates (GMC) Certificate Of Title certificate of deduction of tax Investment certificate Certificates of Amortized Revolving Debt (CARD) Receivers certificate Jumbo certificate of deposit Eurodollar certificate of deposit Voting certificate certificate of deposit Digital certificate Face amount certificate share certificate Negotiated certificate of deposit Equipment trust certificates Charge certificate Term certificate Land registry certificate Participation Certificates Stock certificate Certificate of Origin Voting trust certificate variable rate certificate Abstracters Certificate |
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