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 Glossary   >   V   >   "Variable rate CDs" Definition   

        Variable rate CDs

Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates.

Variable rate CDs


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Variable rate CDs - Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates.


Variable rate CDs : short-term certificate of deposits that pay interest periodically on roll dates. on each roll date, the coupon on the cd is adjusted to reflect current market rates.