Jumbo certificate of deposit: Difference between revisions
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imported>Doug Williamson (Update to specify minimum size $100k. Sources: Moles & Terry Handbook of International Financial Terms & Bankrate webpage https://www.bankrate.com/glossary/j/jumbo-cd/) |
imported>Doug Williamson m (Categorise.) |
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* [[Certificate of deposit]] | * [[Certificate of deposit]] | ||
* [[Jumbo]] | * [[Jumbo]] | ||
[[Category:Long_term_funding]] | |||
[[Category:Liquidity_management]] |
Latest revision as of 11:02, 15 February 2018
US.
A certificate of deposit with a face value of greater than $100,000, generally purchased by institutional investors looking for low-risk investments.