add-on

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Add-On Certificate of Deposit

Money deposited into a certificate of deposit after the initial deposit. Suppose one places $1,000 in a certificate of deposit and places a further $500 into the same account later. One refers to the $500 as an add-on. Only some financial institutions allow add-on certificates of deposit because they receive the same interest rate as the previous deposit, a fact that would be disadvantageous to the financial institution when interest rates are declining.

add-on

Funds that are added to a certificate of deposit after its date of purchase and that earn the same rate of interest as funds deposited with the original certificate. The add-ons allowed by some savings institutions provide a real benefit to investors during periods of declining interest rates.
References in periodicals archive ?
Construction of Spencer at $11,041,174, with add-ons of $93,000, $73,000,$78,000 and $86,000; and EMJ Corp.
You don't need to buy the whole frame and have every aspect of it - if hotels just want the add-ons, then they mount to the wall, to decrease the space needed.
As well as reducing the need for potentially risky add-ons, there's now client-side input validation, as well as libraries that can help deal with SQL injection issues.
These are the common points with the structure of the WoW add-ons developers' community.
The company plans to introduce further translation add-ons for other applications in its Office package, in the future.
PlastiComp previously supplied a complete add-on system for Pushtrusion but now it supplies the proprietary "heart" of the Pushtrusion system to both Engel and MGS.
The software is customizable, with add-ons like fast image and signature capture, and advanced smart card and biometric program developments.
Outdoor showers aren't just for camping anymore: they're popping up as trendy home add-ons to a garden, and Ethan Fierro's The Outdoor Shower: Creative Design Ideas For Backyard Living, From The Functional To The Fantastic (158017552X $19.
The Canaries are ready to sell Dean Ashton to West Ham United for pounds 7m - and will then offer Cardiff City a pounds 2m down payment plus add-ons which, with appearances, promotion and England calls, could add up to pounds 3.
The Cluster Analysis package in Mathematica is an add-on package, being found under the Statistics Add-on directory, and its contents can be searched with quick results in the Add-ons & Links tab of the help browser.
Nifty, if pricey, add-ons like a digital camera, GPS navigation, even a barcode scanner.
In fact, CMS says the full effect of the government's spending reductions might still be yet ahead: At the report's writing, not much time had passed since the Medicare add-ons expired in October 2002, and threatened Medicaid cuts had not yet gone into effect.