英语词汇“add-on certificate of deposit”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	add-on certificate of deposit
释义	DictionarySeeadd onEncyclopediaSeeadd-onLegalSeeAdd-On Add-On Certificate of Deposit Add-On Certificate of Deposit Money deposited into a certificate of deposit after the initial deposit. Suppose one places $1,000 in a certificate of deposit and places a further $500 into the same account later. One refers to the $500 as an add-on. Only some financial institutions allow add-on certificates of deposit because they receive the same interest rate as the previous deposit, a fact that would be disadvantageous to the financial institution when interest rates are declining.
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Add-On Certificate of Deposit

Add-On Certificate of Deposit