Certificate of deposit: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing) |
imported>Doug Williamson m (Category added 9/10/13 and spacing) |
||
| Line 2: | Line 2: | ||
CDs evidence fixed maturity time deposits with issuing banks or other deposit-taking institutions. Maturities range from less than a week to five years. They are normally negotiable and enjoy a liquid secondary market. | CDs evidence fixed maturity time deposits with issuing banks or other deposit-taking institutions. Maturities range from less than a week to five years. They are normally negotiable and enjoy a liquid secondary market. | ||
== See also == | == See also == | ||
| Line 8: | Line 9: | ||
* [[Jumbo certificate of deposit]] | * [[Jumbo certificate of deposit]] | ||
* [[Yankee CD]] | * [[Yankee CD]] | ||
[[Category:Short-Term_Liquidity]] | |||
Revision as of 10:27, 9 October 2013
(CD).
CDs evidence fixed maturity time deposits with issuing banks or other deposit-taking institutions. Maturities range from less than a week to five years. They are normally negotiable and enjoy a liquid secondary market.
