Lock up CDs


 

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Lock up CDs

CDs that are issued with the tacit understanding that the buyer will not trade the certificate. Quite often, the issuing bank will insist that it hold the certificate for safekeeping by it to ensure that the buyer holds the understanding.



Lock up CDs

Similar Matches

Locked in

Locked in

When an investor is unable to take advantage of preferential tax treatment because of time remaining on a required holding period. Also, a commodities position in which the market has a limit up or limit down day and investors are unable to move in to or out of the market.


Block list

Block list

In the context of general equities, listing of stock the investment bank is looking for (wants to buy) or (wants to sell) at the beginning of the day, whether on an agency or principal basis.


Goldilocks economy

Goldilocks economy

An economy whose growth is believed to be neither too 'hot' (i.e. too fast) or too 'cold' (too slow) - an ideal state as it means the government does not have to use fiscal or monetary devices to artificially stimulate or retard economic activity.


Lock in

Lock in

Allows the borrower to be assured a given rate of interest for a mortgage. This usually involves paying a fee to the lender. Mortgage rates not "locked in" are subject to changing market conditions.


Building block

Building block

See stumbling block.


Further Suggestions

Blocked currency
Stumbling block
Deadbolt lock
Lock in
Block trader
Goldilocks economy
locked in
Block voting
Block trade
Lockup option
Lock out
Locked market
Specialist block purchase and sale
Rate lock
Drop lock
Blocked funds
Block
Block house
block trade


 
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