Certificate of deposit: Difference between revisions
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imported>Doug Williamson (Categorise page.) |
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(CD). | (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. | 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. | |||
Revision as of 23:48, 10 December 2014
(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.
