Certificate of deposit and Churn: Difference between pages

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(CD).  
1. ''Noun''
 
The rate at which customers are lost during any given period.
 
 
2. ''Verb''
 
To trade excessively on behalf of a client in order to generate commissions.


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]]
* [[ARPU]]
* [[Interest bearing instruments]]
* [[Revenue]]
* [[Jumbo certificate of deposit]]
* [[Yankee CD]]

Revision as of 06:11, 22 August 2017

1. Noun

The rate at which customers are lost during any given period.


2. Verb

To trade excessively on behalf of a client in order to generate commissions.


See also

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