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CEY 

It stands for coupon equivalent yield; the rate of return which is quoted on bonds on the basis of simple…

Certificate of Deposit

A debt instrument (specifically a time deposit) that is issued by a bank or depository institution (like a credit union)…

Designer CD

A certificate of deposit that offers an investor the choice to combine any desired maturity and deposit size to meet…

Certificate of Deposit Index

An index that measures the 12-month average of the monthly average yields (dealer bid rates) of 3-month certificates of deposit…

Relationship CD

A certificate of deposit (CD) that builds on fostering a special relationship with the holder (depositor) by entitling him to…

Roly-Poly Certificate of Deposit

Colloquial for rollover certificate of deposit; a short-term certificate of deposit (CD), usually with a 6-month maturity, where the issuer…

MID

It stands for market index deposit; a certificate of deposit (CD) whose interest rate is tied to the performance of...

Market Index Deposit

A certificate of deposit (CD) whose interest rate is tied to the performance of a market index, such the S&P500,...

Capped Equity-Linked Certificate of Deposit

An equity-linked certificate of deposit that has a cap on its rate of return (yield) per year (annual percentage rate-...

Capped Market-Linked CD

A market-linked CD that has a cap on its rate of return (yield) per year (annual percentage rate- APR). In...