Certificate Of Deposit (CD) Financial Glossary

What is it? An FDIC-insured investment that guarantees a specific rate of interest for a specified period of time.

Finance Term Definition Added By: Carson

The Certificate Of Deposit (CD) definition has been viewed 1848 Time(s)!

Send To Friends!

If you'd like to send the Certificate Of Deposit (CD) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Certificate Of Deposit (CD). If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Settlement costs is The cost arising when we make a lump-sum payment to a pension scheme member in exchange for their rights to receive certain pension benefits.

Financial Term Payment Date is Payment Date is the date when the dividend is payable to shareholders on the register at the Record Date.

Financial Term double leverage is Leverage in bank holding companies that use borrowed funds to finance the holding companys equity investments in its subsidiaries.

Financial Term Statute of Limitations is A federal law that determines the time frame that a debt is collectable. Once a statute expires, the debt is legally unenforceable. However, it can still remain on your credit reports until the governing period of time, usually 7 years. Most statute of limitations to collect a debt is between 4-7 years.

Financial Term phase I audit is The most common form of environmental liability risk assessment. A phase I audit consists of a thorough review of the past and present ownership of the property as well as the past and present uses of the property. These reviews include examinations of public records regarding the property. Additional information is obtained from both a physical inspection of the property and from interviews with people who are familiar with the property. The goal of a phase I audit is to determine the presence or the likely presence of hazardous substances in the buildings, soil or ground water. Phase I audits are noninvasive and do not include the collection or analysis of samples. Accordingly, the findings of a phase I audit cannot be conclusive. The audit merely determines whether further investigations are needed.