Certificate of deposit: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Brianlenoach@hotmail.co.uk (Spacing.) |
imported>Doug Williamson (Add link.) |
||
| Line 10: | Line 10: | ||
== See also == | == See also == | ||
* [[Bill of exchange]] | * [[Bill of exchange]] | ||
* [[CD]] | |||
* [[Interest bearing instruments]] | * [[Interest bearing instruments]] | ||
* [[Jumbo certificate of deposit]] | * [[Jumbo certificate of deposit]] | ||
Revision as of 19:58, 13 October 2016
(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.
