A specific type of Certificate of Deposit, characterized by the fact that its interest rate varies depending upon the value of some other item. Some certificates have their interest rates fluctuate based on a given stock index, others based on the prime rate. Typically these rates are adjusted quarterly.
Related information about variable rate certificate:
- Variable-Rate Certificate Of Deposit Definition | Investopedia
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, ...
- Variable Rate Certificate: Definition from Answers.com
a certificate of deposit (CD) whose rate of interest is periodically adjusted in relation to some benchmark, such as the prime rate or a stock index.
- What is variable rate certificate? definition and meaning
Definition of variable rate certificate: A specific type of Certificate of Deposit, characterized by the fact that its interest rate varies depending upon the value of ...
- Variable-Rate Certificate of Deposit financial definition of Variable ...
A certificate of deposit for which the interest rate changes according to some formula at set intervals. Investors use variable-rate certificates of deposit when they ...
- 30-Month Variable Rate Certificate of Deposit - Investors Bank
30-Month Variable Rate Certificate of Deposit. Gain the upside potential of rising rates with the flexibility to make frequent contributions. Minimum balance of $1 ...
- Variable Rate Certificate of Deposit - First Convenience Bank
Variable Rate Certificate of Deposit. The rate on your account may change after the account is opened. You may add on to this CD to increase your investment.
- VARIABLE RATE CERTIFICATE OF DEPOSIT - Altoona First ...
ALTOONA FIRST SAVINGS BANK. KASASA SAVER - REG DD DISCLOSURE. The following information is provided to make sure you have a complete ...
- VARIABLE RATE CERTIFICATE OF DEPOSIT - Altoona First ...
ALTOONA FIRST SAVINGS BANK. KASASA CASH. REG DD DISCLOSURE. The following information is provided to make sure you have a complete ...