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What is the difference between cetificate Deposits and Time Deposits?
Wiki User
∙ 10y ago
They both refer to the exact same thing. It is just two different terms by which we are referring to this deposit product. In this, a customer deposits a lump-sum amount with the bank for a fixed amount of time at a fixed rate of interest. In return, the bank gives a certificate to the customer which he/she can surrender after the stated time in return for the invested amount + interest. They are called Time Deposits, Certificate of Deposit, Fixed Deposits etc.
Wiki User
∙ 10y ago
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Is there a difference between time deposits and term deposits?
Tim deposits is usually a term they use in Europe and the US. <a href="http://en.wikipedia.org/wiki/Term_deposit">Time Deposit article from Wikipedia</a> Term deposits is what they call them in Australia and New Zealand. <a href="http://mozo.com.au/term-deposits">Term Deposits</a> in Australia.
What time does Fidelity post direct deposits?
Between 8-10 am eastern standard time a day early.
What is the difference between the M1 and M2 money supply?
M1 is what is outside the banking system: Your cash, coins, your checking account. M2 is: All of M1 plus, savings accounts, money in banks, small time deposits...etc .
Difference between time deposit and demand deposit?
Demand Deposit It is type of an account from which deposited funds can be withdrawn immediately at any time without any notice to the depository institution. Time Deposit It is type of deposit which is in contrast to demand deposit and funds are not available immediately .These are also known as term deposits .
Are time deposits negotiable instruments?
Time deposits are negotiable instruments. These are written orders or conditional promise to pay a fixed sum of money on demand or at a certain time.
Is there a difference between time deposits and term deposits?
Tim deposits is usually a term they use in Europe and the US. <a href="http://en.wikipedia.org/wiki/Term_deposit">Time Deposit article from Wikipedia</a> Term deposits is what they call them in Australia and New Zealand. <a href="http://mozo.com.au/term-deposits">Term Deposits</a> in Australia.
What is the time difference between Toronto and negril Jamaica?
There is no time difference between them.
What is the time difference between cairns and Brisbane?
there is no difference between the time of the two cities
What is the time difference between Singapore and yunnan?
There is no time difference between Singapore and China.
Is there a time difference between Ottawa and Montreal?
There is no time difference between Ottawa and Montreal.
What is the time difference between Philippines and holland?
What is the time difference between philippines and holland?
What is the time difference between London and taba?
What time the time difference between Taba and Newcastle England
What is the time difference between IST and CT?
There is no time difference between Central European Time and Irish Summer Time.
What is the time difference between england----marrakech?
No time difference.
What is the time difference between Algave and the UK?
There is no time difference.
What is the time difference between Dubai and Al Dhaid?
They are in the same time zone, so there is no time difference between them.
What is time difference between Malta and Amsterdam?
There is no time difference between Malta and Amsterdam, Netherlands
