Certificate of deposit and Preliminary rulings: Difference between pages

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(CD).  
''European Union law.''


CDs evidence fixed maturity time deposits with issuing banks or other deposit-taking institutions.
The process whereby a national court with a case including a question of the validity or interpretation of community law can (or if it is a final court of appeal must) refer that specific question to the European Court of Justice for a binding determination.
 
Maturities range from less than a week to five years.
 
They are normally negotiable and enjoy a liquid secondary market.




== See also ==
== See also ==
* [[Bill of exchange]]
* [[European Court of Justice]]
* [[Interest-bearing instruments]]
* [[European Union]]
* [[Jumbo certificate of deposit]]
* [[Yankee CD]]


[[Category:Long_term_funding]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Liquidity_management]]
[[Category:Compliance_and_audit]]

Latest revision as of 13:27, 17 July 2019

European Union law.

The process whereby a national court with a case including a question of the validity or interpretation of community law can (or if it is a final court of appeal must) refer that specific question to the European Court of Justice for a binding determination.


See also