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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 MatchesCanceled CertificatesCanceled CertificatesBefore the issuance of a new certificate, the old certificate is presented to the Transfer Agent and is canceled. Abstracters CertificateAbstracters CertificateA certificate contained in an abstract which shows the time period and scope of the search of public records done by the abstracter. Variable rate certificateVariable rate certificateA certificate of deposit whose interest rate varies and is dependent on an influence such as prime rate. Certificateless municipalsCertificateless municipalsMunicipal bonds with one certificate which is valid for the entire issue, and having no individual certificates, easing transactions. See: Book-entry securities. Strip 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. Further Suggestionscertificate of depositFace amount certificate Eurodollar certificate of deposit Certificate of Accrual on Treasury Securities (CATS) jumbo certificate of deposit Participation Certificates certificate of deduction of tax share certificate Certificate of title Voting certificate Equipment Trust Certificate Project loan certificate (PLC) Jumbo certificate of deposit Equipment trust certificates chargeable event certificate Negotiable certificates of deposit Security certificate Digital certificate Municipal improvement certificate Investment certificate Certificate Of Title Certificates of Automobile Receivables (CAR) Charge certificate Term certificate Land certificate |
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