Negotiable Certificate of Deposit Definition and Risk

Negotiable Certificate of Deposit Definition A negotiable certificate of deposit (CD) is a type of time deposit offered by banks and other financial institutions. It is a fixed-term investment that pays a specified interest rate over a predetermined period of time. Unlike regular CDs, negotiable CDs can be bought and …

Jumbo Certificate of Deposit CD Meaning Pros and Cons

Jumbo Certificate of Deposit CD Meaning A Jumbo Certificate of Deposit (CD) is a type of financial instrument offered by banks and credit unions. It is similar to a regular CD, but with a higher minimum deposit requirement. The term “jumbo” refers to the large amount of money that needs …