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Step-Down CD

A certificate of deposit (CD) that provides its holder (account holder) with a high introductory rate that, later on, steps...

Step-Up CD

A certificate of deposit (CD) that allows the holder (depositor) to lock in an interest rate for a specific number...

Step-Up Certificate of Deposit

A certificate of deposit (CD) that allows the holder (depositor) to lock in an interest rate for a specific number...

Yankee Certificate of Deposit

A negotiable time deposit (CD) that is issued in the United States by a foreign borrower, usually in denominations of...

BEST Turbo Certificate

A turbo certificate (knock-out certificate) in which the knock-out barrier (KO barrier) is set equal to the strike price. If...