Certificate of deposit: Difference between revisions
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* [[Bill of exchange]] | * [[Bill of exchange]] | ||
* [[CD]] | * [[CD]] | ||
* [[Interest bearing instruments]] | * [[Interest-bearing instruments]] | ||
* [[Jumbo certificate of deposit]] | * [[Jumbo certificate of deposit]] | ||
* [[Yankee CD]] | * [[Yankee CD]] |
Revision as of 14:41, 16 February 2022
(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.