Certificate of deposit: Difference between revisions
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imported>Doug Williamson (Update link.) |
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== See also == | == See also == | ||
* [[Bill of exchange]] | * [[Bill of exchange]] | ||
* [[Interest-bearing instruments]] | * [[Interest-bearing instruments]] | ||
* [[Jumbo certificate of deposit]] | * [[Jumbo certificate of deposit]] | ||
Latest revision as of 12:13, 25 June 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.
