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Market-Linked Certificate of Deposit

A certificate of deposit (CD) that is linked to the performance of some market variable, specifically the price of a...

Mortgage Loan

A loan that is extended by a bank or financial institution to an individual or firm seeking to buy a...

M1

A component of money supply that consists of highly liquid forms of money: coins and currency (banknotes, and other digital...

MLCD

It stands for market-linked certificate of deposit; a certificate of deposit (CD) that is linked to the performance of some market...

Market-Linked CD

A certificate of deposit (CD) that is linked to the performance of some market variable, specifically the price of a stock or a basket of...

Maturity Transformation

A type of transformation whereby a bank or any similar institutions takes advantage of the upward slope of the yield...