Jumbo certificate of deposit: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
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/) |
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''US.'' | ''US.'' | ||
A certificate of deposit with a | A certificate of deposit with a face value of greater than $100,000, generally purchased by institutional investors looking for low-risk investments. | ||
== See also == | == See also == | ||
* [[Certificate of deposit]] | * [[Certificate of deposit]] | ||
* [[Jumbo]] | |||
Revision as of 13:19, 3 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.
