CALLABLE CERTIFICATE OF DEPOSIT
A certificate of deposit (CD) that is covered by FDIC, that holds a call feature same to other kinds of callable steady-income securities. Callable CDs can be reclaimed (called away) by the bank who issued it, before their indicated maturity, particularly within a specified time period, and at a preset call price.
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The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
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