Jumbo certificate of deposit

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Revision as of 13:19, 3 February 2018 by imported>Doug Williamson (Update to specify minimum size $100k. Sources: Moles & Terry Handbook of International Financial Terms & Bankrate webpage https://www.bankrate.com/glossary/j/jumbo-cd/)
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US.

A certificate of deposit with a face value of greater than $100,000, generally purchased by institutional investors looking for low-risk investments.


See also

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