Tag: deposit

Early Withdrawal

What is 'Early Withdrawal' The removal of funds from a fixed-term investment before the maturity date, or the removal of funds from...

Yacht Insurance

Yacht Insurance What is 'Yacht Insurance ' An insurance policy that provides indemnity liability coverage on pleasure boats. Yacht insurance includes...

M2

M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money...

What are Fixed Interest Rates

What are Fixed Interest Rates There are several factors involved when you obtain a loan. For instance, when you look for a mortgage,...

Yankee CD

What is 'Yankee CD' A certificate of deposit (CD) that is issued in the United States by a branch or agency of...

FDIC Problem Bank List

DefinitionIn American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks...

LBP (Lebanese Pound)

What is 'LBP' The currency abbreviation or currency symbol for the Lebanese pound (LBP), the currency for Lebanon. The Lebanese pound is...

Yankee Certificate Of Deposit

What is 'Yankee Certificate Of Deposit' A certificate of deposit issued by a foreign bank in the United States. As they usually...

IDC Deposits

What is 'IDC Deposits' IDC Deposits Corp. oversees the MMAX (Money Market Account Extra) program which provides depositors with an efficient way...

FDIC Insured Account

What is 'FDIC Insured Account' An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation...

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