Interest+certificate
51money-market certificate — /mun ee mahr kit/ 1. a certificate of deposit held for a specified term earning a fixed interest rate keyed to the interest rate of U.S. Treasury bills. 2. any type of savings certificate whose interest rate is based on current money market… …
52Zero-Coupon Certificate Of Deposit (CD) — A certificate of deposit (CD) that is purchased at a largely discounted rate. It differs from a traditional CD in that interest payments are not received yearly, but rather as a lump sum at the date of maturity. The advantage of a zero coupon CD… …
53Add-On Certificate of Deposit — A certificate of deposit that allows the bearer to deposit additional funds, after the initial purchase date, that will bear the same rate of interest. Add on s or add in s to a certificate of deposit are beneficial when investors feel interest… …
54Modified Pass-Through Certificate — A fixed income security that passes through an undivided interest in a pool of mortgages. Modified pass through certificates are backed by federal loans of identical maturity and coupon date. Principal and interest payments are made to investors… …
55Reduction Certificate — A document signed by a lender stating the outstanding amount on a mortgage loan. Properties that are encumbered by mortgages are frequently sold before the debt is satisfied. The sale of the mortgaged property most often involves a cash sale… …
56stock certificate — n. A document that indicates that its holder has an ownership interest in a corporation. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. stock certificate …
57Credit card interest — Finance Financial markets Bond market …
58Tasmanian Certificate of Education — The Tasmanian Certificate of Education, or TCE, is the main credential awarded to secondary school students who successfully complete senior high school level studies (years 11 and 12 or equivalent) in Tasmania, Australia. It was introduced in… …
59Eurodollar certificate of deposit — A certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe. Bloomberg Financial Dictionary * * * eurodollar certificate of deposit eurodollar certificate of deposit ➔… …
60Effective interest rate — The effective interest rate, effective annual interest rate, Annual Equivalent Rate (AER) or simply effective rate is the interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual… …
