Bonding line and Certificate of deposit: Difference between pages
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(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. | |||
== See also == | == See also == | ||
* [[ | * [[Bill of exchange]] | ||
* [[ | * [[Interest bearing instruments]] | ||
* [[ | * [[Jumbo certificate of deposit]] | ||
* [[ | * [[Yankee CD]] | ||
Revision as of 05:33, 3 August 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.