A deposit made by a bank to pay coupons. This is done until maturity when the funds can be accessed. Refer to lockup certificate of deposit, certificate of deposit, interbank deposit, and negotiable certificate of deposit.
What is TIME DEPOSIT?
- CERTIFICATE OF DEPOSIT (CD)
- FLOATING RATE CERTIFICATE OF DEPOSIT (FRCD)
- LOCK-UP CERTIFICATE OF DEPOSIT (CD)
- BROKERED CERTIFICATE OF DEPOSIT (CD)
- MONEY MARKET DEPOSIT ACCOUNT
- NEGOTIABLE CERTIFICATE OF DEPOSIT (NCD)
- DEPOSIT ADMINISTRATION CONTRACT
- DEPOSIT IN TRANSIT
- ACCELERATED DEPOSIT RULE
- CERTIFICATE OF DEPOSIT
Featuring Black’s Law Dictionary
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