Certificate of Deposit (CD) with a return tied to a market index, such as the S&P 500 stock index. Principal is typically guaranteed against Downside Risk. Product is issued by banks and marketed by brokers.
Market-Indexed Cd
| Financial & Investment Dictionary: Market-Indexed Cd |
| 5min Related Video: Market-Indexed Cd |
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 | Certificate of Deposit (CD) (finance term) |
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 | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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