|
A time deposit (also known as a term deposit, particularly in Australia and New Zealand) is a money deposit at a bank that cannot be withdrawn for a certain "term" or period of time. When the term is over it can be withdrawn or it can be held for another term. Generally speaking, the longer the term the better the yield on the money. A certificate of deposit is a time-deposit product. Deposit may refer to: Finance A deposit is a specific sum of money taken and held on account, by a bank as a service provided for its clients. ...
A bank is an institution that provides financial service, particularly taking deposits and extending credit. ...
A pocket watch. ...
A certificate of deposit or CD is, in the United States, a time deposit, a familiar financial product, commonly offered to consumers by banks, thrift institutions, and credit unions. ...
Note that the M2 money supply includes funds that can be used directly in payment, such as money market mutual funds and money market deposit accounts (MMDAs). MMDAs are considered by the United States Federal Reserve (the Fed) to be savings accounts and are thus exempt from reserve requirements. These large transaction accounts not being included in the M1 money supply suggests that the Fed does not pay much attention to ordinary transaction deposits, and in July 2000, it announced that it was no longer setting target ranges for growth rates of the monetary aggregates. The examples and perspective in this article or section may not represent a worldwide view. ...
Money funds (or money market funds, money market mutual funds) are mutual funds that invest in short-term debt instruments. ...
In the United States, a Money Market Deposit Account is a bank deposit that is considered a savings account for some purposes, but upon which checks can typically be written, subject to certain restrictions. ...
The Federal Reserve System is headquartered in the Eccles Building on Constitution Avenue in Washington, DC. The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States. ...
Savings deposits are accounts maintained by banks, savings and loan associations, credit unions, and mutual savings banks that pay interest but can not be used directly as money. ...
Transactions deposit is a term used by the Federal Reserve for checkable deposits and other accounts that can be used directly as cash without withdrawal limits or restrictions. ...
In the United States transactions deposit is a term used by the Federal Reserve for checkable deposits and other accounts that can be used directly as cash without withdrawal limits or restrictions. ...
Money supply (monetary aggregates, money stock), a macroeconomic concept, is the quantity of money available within the economy to purchase goods, services, and securities. ...
A deposit of funds in a savings institution under an agreement stipulating that (a) the funds must be kept on deposit for a stated period of time, or (b) the institution may require a minimum period of notification before a withdrawal is made. Deposit may refer to: Finance A deposit is a specific sum of money taken and held on account, by a bank as a service provided for its clients. ...
Small-denomination time deposit
"Small" time deposits in M2 (see money supply) are defined as those under $100,000. That figure is also the limit on FDIC insurance coverage. The examples and perspective in this article or section may not represent a worldwide view. ...
The Federal Deposit Insurance Corporation (FDIC) was created by the Glass-Steagall Act of 1933. ...
Large-denomination time deposit "Large" time deposits are currently defined as deposits larger than $100,000. The term "jumbo CD" is commonly used in the United States. Some banks, recognizing that customers do not want more in the bank than is covered by insurance, have lowered the "jumbo CD" minimum requirement to $99,000, so with compounded interest the total falls below the insurance limit.
See also A certificate of deposit or CD is, in the United States, a time deposit, a familiar financial product, commonly offered to consumers by banks, thrift institutions, and credit unions. ...
The examples and perspective in this article or section may not represent a worldwide view. ...
External links - FDIC: Your Insured Deposits
|
Feeds |
Contact