A Certificate of Deposit (CD) with a duration of one year with an interest rate fixed to newly-issued Treasury Bills. The all savers certificate had a minimum deposit of $500 and was issued between October 1981 and December 1982. An incentive related to the certificate was that it was exempt from federal income taxes up to $2,000. It was created by the Economic Recovery Act of 1981.

Related information about all savers certificate:

1. All Savers Certificate Definition | Investopedia
   A type of nontaxable certificate of deposit account with a duration of one year that was used primarily by thrift institutions to build funds for mortgage lending.
    
2. All Savers Certificate: Definition from Answers.com
   All Savers Certificate One-year federally tax-exempt certificate account, authorized by the Economic Recovery Tax Act of 1981 to attract funds to mortgage.
    
3. What is all savers certificate? definition and meaning
   Definition of all savers certificate: A Certificate of Deposit (CD) with a duration of one year with an interest rate fixed to newly-issued Treasury Bills. The all savers ...
    
4. All Savers Certificate - Financial Dictionary - The Free Dictionary
   A type of certificate of deposit issued in the United States in 1981 and 1982. An all savers certificate required a minimum deposit of $500 and provided tax free ...
    
5. all savers certificate Definition | Business Dictionaries from ...
   one-year federally tax-exempt certificate account, authorized by the Economic Recovery Tax Act of 1981 to attract funds to mortgage lenders, primarily thrift ...
    
6. savings certificate Definition | Business Dictionaries from ...
   See also Money Market Certificate (MMC) , all savers certificate , Small Saver Certificate (SSC). Related Terms: Dictionary of Banking Terms · Money Market ...
    
7. All savers certificate - InvestorDictionary.com
   All savers certificate definition - What does All savers certificate mean? A one- year certificate of deposit account, with a fixed rate tied to new Treasury bills, ...
    
8. FORM 1099 ASC (1983) - Internal Revenue Service
   interest paid to or credited to your All-Savers Certificate account that is eligible for exclusion. This amount must be reported on your 1983 income tax return.