28+ Certificate Of Deposit Def Pics. The certificate of deposit indicates that the investor has deposited a sum of money for specified period of time and at a specified rate of interest. Why would i open a cd?
What It Means To Make A Deposit from www.thebalance.com
A certificate of deposit (cd) is a money market instrument issued by a bank to raise funds from the secondary money market. A negotiable certificate issued by a bank in return for a deposit of money for a term of. Cds are governed by the reserve bank of india or rbi.
Definition of certificate of deposit:
Why would i open a cd? A negotiable certificate issued by a bank in return for a deposit of money for a term of. What is a certificate of deposit? Receipt issued by a depository institution (such as a bank, credit union, or a finance or insurance company) to a depositor who opens a certificate account or time deposit account.
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