A certificate issued by a financial institution for funds placed in the institution, with a fixed interest rate and an original maturity of two to five years, that the institution may cash in and give back to the owner prior to the certificate's maturity. The certificates are backed by federal deposit insurance up to $100,000 in principal and interest and are sold through brokers in the secondary market.
Related information about deposit note:
- Deposit Note: Definition from Answers.com
Deposit Note Debt security issued by a bank, backed by federal deposit insurance up to $100000 in principal and interest, and carrying an original maturity.
- Deposit Note - Financial Dictionary - The Free Dictionary
A certificate of deposit that the bank may redeem and return to the holder before it matures. Deposit notes usually have a long maturity and may be traded on the ...
- What is deposit note? definition and meaning - InvestorWords.com
Definition of deposit note: A certificate issued by a financial institution for funds placed in the institution, with a fixed interest rate and an original maturity of two to ...
- What is deposit note? - BusinessDictionary.com
Definition of deposit note: A certificate of deposit that a bank may redeem before it reaches maturity. Deposit notes pay a fixed rate of interest and have an ...
- SuperDerivatives - Glossary - Range currency deposit note
Range currency deposit note. ... Range currency deposit note. In a range currency deposit option (rcd) the investor is taking a bet that the spot of the currency ...
- deposit note - Business Definition
deposit note definition: See callable CD.... ... Business; Dictionary; Thesaurus; Sentence Examples. Dictionary Home » Business » deposit note ...
- What Is a Deposit Note?
A deposit note is a type of certificate of deposit that is configured to allow the financial institution holding the note to redeem it before the projected maturity date.
- MSP ArMADA Protected Deposit Notes Series 8 - BMO Capital ...
... you to receive an amount equal to a minimum 5% of any increase in the initial basket value of the underlying assets above $100 per Deposit Note between the ...