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Accounting
Banking

Vostro Account

A bank account that is held and maintained by one bank on behalf of another bank (a respondent bank), usually...

Variable Rate Certificate of Deposit

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...

Variable Rate CD

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...