Interest+certificate
101parti-mortgage certificate — noun or parti mortgage receipt ˈpär]d.]ē, ˈpȧ], ]t], ]i+ˌ... Etymology: parti mortgage from parti (II) + mortgage : a certificate of ownership of a fractional equitable interest in a participating mortgage …
102treasury savings certificate — noun : a registered nontransferable certificate of the United States government issued between 1921 and 1924 in denominations of $25, $100, and $1000 maturity value five years from date of issue with the interest rate being about 4 1/2 percent… …
103Small Saver Certificate - SSC — A deposit savings account that has no minimum balance requirement. SSCs were created in 1980 to provide banks and thrifts with a deposit vehicle having an 18 month maturity, in order to compete with money market funds. However, the interest rate… …
104National Savings Certificate — n (in Britain) one of the types of investment (= plan for investing money) offered by National Savings. People buy the Certificates for a fixed period, usually five years, and at the end of the period receive the amount paid plus interest.… …
105Guaranteed Mortgage Certificate - GMC — A bond backed by a pool of mortgages. These bonds are issued by the Federal Home Loan Mortgage Corporation (Freddie Mac). These bonds pay out both interest and principal on a semiannual basis. The pool is made up of residential mortgages. If the… …
106Net-Worth Certificate — An instrument used by the FDIC starting in 1982 as part of an effort to save failing banks and thrifts by providing capital. When deposit rate restrictions that had existed for decades were lifted, banks and thrifts found themselves having to pay …
107Pass-Through Certificate — Fixed income securities that represent an undivided interest in a pool of federally insured mortgages put together by the Government National Mortgage Association (Ginnie Mae). Mortgage backed certificates are the most common type of pass through …
108Pass-through Certificate — This represents an interest in a pool of mortgages in the United States. Payments received on the underlying pool are passed through to the investor by the firm servicing the mortgage payments …
109savings certificate — noun (in the UK) a document issued to savers by the government guaranteeing fixed interest for five years on a deposit …
110negotiable certificate of deposit — /nɪˌgəυʃiəb(ə)l səˌtɪfɪkət əv dɪ pɒzɪt/, negotiable CD /nɪˌgəυʃiəb(ə)l ˌsi: di:/ noun a receipt issued by a bank for a large sum deposited with the bank, which acts as an interest bearing deposit …
