首页 > 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.
- 词性: noun
- 行业/领域: 金融服务
- 类别 基金
- Company: Merrill Lynch
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创建者
- Harry8L
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(London, United Kingdom)