A savings certificate that has a variable interest rate matching the interest rate of a specific market index (such as the Dow Jones Industrial Average). Although the index may underperform leading to a lower than expected rate of return, the principle is protected and does not lose value. Also called index-linked certificate of deposit.
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A savings certificate entitling the bearer to receive an interest rate that is indexed to inflation. The indexed certificate of deposit (indexed CD) yields a rate of ...
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Definition of indexed certificate of deposit (indexed CD): A savings certificate that has a variable interest rate matching the interest rate of a specific market index ...
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... certificate of title · periodic payment plan certificate · fixed-rate certificate of deposit · indexed certificate of deposit (indexed CD) · Certificate of Participation ...
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A certificate of deposit issued by the U.S. government that protects the holder from inflation. Most CDs, like most fixed dollar obligations, pay a fixed interest rate ...
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A written recognition by a bank of a deposit, coupled with a pledge to pay the deposited amount plus interest, if any, to the depositor or to his or her order, or to ...
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A certificate of deposit, or CD, is a time deposit that will pay a specified amount of interest if the depositor leaves the money in the account for the term of the ...
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certificate of deposit definition: A deposit with a specific maturity date and a specific interest rate. Many individual investors buy CDs from a bank, although ...