Certificate of Deposit

A documentAny written instrument meeting all statutory requirements which may be recorded with the Register of Deeds. issued by a bank or other financial institution that is evidence of a depositThe amount of money you put down on a house to hold it., with the issuerThe public entity (state, political subdivision, agency, or authority) that issues securities in order to borrow money.'s promise to returnProfit from an investment; the yield. the deposit plus earnings at a specified interest rateThe simple interest rate, stated as a percentage, charged by a lender on the principal amount of borrowed within a specified time period.

Certificate of Deposit

A documentAny written instrument meeting all statutory requirements which may be recorded with the Register of Deeds. written by a bank or other financial institution that is evidence of a depositThe amount of money you put down on a house to hold it., with the issuerThe public entity (state, political subdivision, agency, or authority) that issues securities in order to borrow money.'s promise to returnProfit from an investment; the yield. the deposit plus earnings at a specified interest rateThe simple interest rate, stated as a percentage, charged by a lender on the principal amount of borrowed within a specified time period. (see also "Adjustable-Rate MortgageThe interest rates charged on these mortgages are tied to an interest-rate index. If the interest rate")

Certificate of Deposit

A formThis is an insurance policy, or the riders and endorsements attached to it. of time depositA time deposit (also known as a term deposit) is a money deposit at a bank that cannot be withdrawn at a bank or savingsMoney saved. institution; a time depositThe amount of money you put down on a house to hold it. cannot be withdrawn before a specified maturity dateThe stated date on which all or a stated portion or the principal amount of a security becomes due and payable. without being subject to an interestThis is the amount that is imposed when payment is remitted after the due date. penaltyAn extra payment or charge required of the borrower for deviating from the terms of the original loan for early withdrawal. Small-denomination CDs are often purchased by individuals. Large CDs of $100,000 or more are often in negotiableCapable of being negotiated, assignable or transferable in the ordinary course of business. form, meaning they can be sold or transferred among holders before maturityThe time when a note, bond or other investment option comes due for payment to investors..

Certificate of deposit

A negotiableCapable of being negotiated, assignable or transferable in the ordinary course of business. instrumentAny writing having legal form and significance, such as a deed, mortgage, will, lease, etc. issued by a bank in exchangeWhen ownership of like-kind properties are transferred between two or more owners; can result in postponement for funds, usually bearingThe cardinal direction (North, South, East, West) of a line; e.g., North 50 degrees, 30 minutes West. interestThis is the amount that is imposed when payment is remitted after the due date., deposited with the bank.

Certificate of Deposit

A time depositA time deposit (also known as a term deposit) is a money deposit at a bank that cannot be withdrawn with a specific maturityThe time when a note, bond or other investment option comes due for payment to investors. evidenced by a certificate. Large denomination CDs are typically negotiableCapable of being negotiated, assignable or transferable in the ordinary course of business..

Certificate of Deposit

An instrumentAny writing having legal form and significance, such as a deed, mortgage, will, lease, etc. that is issued by the credit unionA non-profit financial institution federally regulated and owned by the members or people who use their in the name of the memberAn enrollee, beneficiary, or insured. A member includes people who enroll or subscribe to a health insurance stating that a certain sum of money is on depositThe amount of money you put down on a house to hold it. and that the member agrees to keep this money at the creditThe ability of a person to borrow money, or buy good by paying over time. Credit is extended based on union for a certain period of time. CDs vary widely in amount and termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period, and the rateThe pricing factor upon which the insurance buyer's premium is based. of interestThis is the amount that is imposed when payment is remitted after the due date. depends on both of these factors.