Home > Term: Jumbo certificates of deposit (jumbo CDs)
Jumbo certificates of deposit (jumbo CDs)
Instruments issued by banks with fixed interest rates typically paid monthly and a minimum investment of $100,000. Note Jumbo CDs may only be FDIC insured for a maximum of $100,000 and amounts over that are not FDIC insured.
- Jenis Kata: noun
- Industri / Domain: Layanan keuangan
- Kategori: Dana
- Company: Merrill Lynch
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