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Banking

Bump-Up CD

A certificate of deposit (CD) that gives the owner (holder) the right to increase (bump up) its yield one time over the tenure (term)...

Bump-Up Certificate of Deposit

A certificate of deposit (CD) that gives the owner (holder) the right to increase (bump up) its yield one time over the tenure (term)...

Bad Bank

A financial institution that is set up by a government to absorb toxic assets (bad loans and nonperforming loans) owned by state-guaranteed banks...