Meaning Jumbo certificate of deposit
What does Jumbo certificate of deposit mean? Here you find 2 meanings of the word Jumbo certificate of deposit. You can also add a definition of Jumbo certificate of deposit yourself
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Jumbo certificate of depositA certificate of deposit in increments of $100,000.
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Jumbo certificate of depositIn the United States, a certificate of deposit (COD) is considered a jumbo COD if the denomination is $100,000 or more. Jumbo COD:s are typically bought by banks, insurance companies and other large i [..]
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