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Jumbo certificate of deposit |
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Jumbo 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.Jumbo certificate of depositA certificate of deposit in increments of $100,000.Jumbo certificate of deposit Similar MatchesCertificate of deposit (CD)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. Guaranteed Mortgage Certificates (GMC)Guaranteed Mortgage Certificates (GMC)First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac. Eurodollar certificate of depositEurodollar certificate of depositA certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe. Receivers certificateReceivers certificateA debt instrument issued by a receiver and serving as a lien on the property, which provides funding to continue operations or to protect assets in receivership. Stock certificateStock certificateA document representing the number of shares of a corporation owned by a shareholder. Further Suggestionsshare certificateLand registry certificate Security certificate Municipal improvement certificate Certificate Certificate of Accrual on Treasury Securities (CATS) certificate of deposit Strip mortgage participation certificate (strip PC) Certificate Of Title Equipment trust certificates Certificate of title Voting trust certificate chargeable event certificate certificate of deduction of tax Certificate of Origin variable rate certificate Charge certificate Participation Certificates Investment certificate Canceled Certificates Certificates of Amortized Revolving Debt (CARD) Voting certificate Certificateless municipals Certificates of Automobile Receivables (CAR) Certificate of deposit (CD) |
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