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

A certificate of deposit (CD) that pays a floating interest rate. In other words, the rate is afloat, adjusting upward...

If stands for floating-rate certificate of deposit; a certificate of deposit (CD) that pays a floating interest rate. In other...

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