A bank receipt for a cash deposit that cannot be withdrawn for a stated period; negotiable and generally yielding interest. (Ziegler, 1975)
« Back to Glossary Indexcertificate of deposit
« Back to Glossary Index
A bank receipt for a cash deposit that cannot be withdrawn for a stated period; negotiable and generally yielding interest. (Ziegler, 1975)
« Back to Glossary Index