See Also: Loan Term 5 C’s of Credit (5 C’s of Banking) How to manage your banking relationship Bank Charge Financial Instruments Term Deposit Definition A term deposit, also referred to as a time deposit or a certificate of deposit (CD), is an amount of money invested into a financial institution for a set amount
See Also: Effective Rate of Interest Calculation Fixed Interest Rate vs Floating Interest Rate Interest Rate Nominal Interest Rate Term Deposit Hot Money Definition Hot money refers to the cash that investors from foreign countries will invest during the short term in search of the highest interest rate possible. Normally, you do this through term
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