INDEX-LINKED CERTIFICATE OF DEPOSIT
Certificate of deposit (CD) with a return based on a particular index. These CDs are bought for a fixed price. The total amount of interest earned on the CD at maturity may be either higher or lower, depending on the result of the index. There is no risk of a loss because the CD is FDIC insured. Also known as indexed certificate of deposit (CD).
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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