Interest+certificate
71Euro Certificate of Deposit — (ECD) The certificate is evidence of a deposit made with a bank, which will be redeemed on the maturity date with interest. The difference between a certificate of deposit and a normal deposit with a bank is that a certificate of deposit is an… …
72bond certificate — noun a certificate of debt (usually interest bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the… …
73savings certificate — a certificate of deposit for a specific sum of money in a savings account, esp. a deposit for a fixed term at a specified interest rate. [1915 20] * * * savings certificate noun A certificate of having invested a sum of money in government funds …
74Callable Certificate Of Deposit — An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types of callable fixed income securities. Callable CDs can be redeemed (called away) by the issuing bank prior to their stated maturity, usually within a… …
75floating-rate certificate of deposit — FRCD A certificate of deposit with a variable interest rate, normally for interbank lending purposes. Commonly bearing a one year maturity, these certificates have interest rates that may be adjusted (e. g. every 90 days); they are usually… …
76time certificate of deposit — An instrument issued by a bank reciting that the person named therein has deposited in the bank the sum specified, payable to the order of himself on the return of the certificate properly indorsed, with interest, the sum to be left a stated… …
77treasury certificate — noun : an interest bearing obligation of the United States Treasury with a maturity up to one year * * * an obligation of the U.S. government represented by certificates in denominations ranging from $1000 to $1,000,000, maturing in one year or… …
78Tax Lien Certificate — A certificate of claim against property that has a lien placed upon it as a result of unpaid property taxes. Available in many states, this certificate allows the owner to collect unpaid taxes in addition to a set level of interest. These… …
79Variable-Rate Certificate Of Deposit — A certificate of deposit (CD) with a variable interest rate. The rate can be determined by a number of mediums, such as the prime rate, consumer price index, treasury bills or a market index. The amount paid out is usually based on a percentage… …
80National Savings Certificate — [National Savings Certificate] noun (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 p …
