Bump-Up CD

0.01 sec.

Bump-up CD

A certificate of deposit granting the owner the right to increase its yield one time for the remaining term of the CD. The power is exercised by the owner in the event of an interest rate hike.

Bump-Up CD

A certificate of deposit in which the holder has the right to increase the interest rate paid on it if prevailing interest rates increase at some point over the term of the CD. The holder may only do this once; if interest rates decline, the new, higher rate on the CD remains the same. A bump-up CD protects the investor from some of the interest rate risk inherent to normal CDs.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			A consumer would have to initially acquire a bump-up CD in order to have this option. How To Invest In CDs by E-PersonalFinance.com / E-PersonalFinance.com			Bulldog Market Bulldog Security Bullet Bullet Bond Bullet Contract Bullet GIC bullet immunization bullet loan Bullet Repayment Bullet Strategy Bullet Trade Bulletin Bulletin Board Bulletin Board Exchange Bullion Bullion Coins Bullish Bullish Belt Hold Bullish Divergence Bullish Engulfing Pattern Bullish Flattener Bullish Harami Bullpen Bum Bumbershoot Policy Bump-Up CD Bumper Sticker Bunch Bunching Bund Bundesanleihen Bundesbank Bundesbond Bundesministerium fur Wirtschaft und Technologie bundle Bundle of Goods bundle of rights theory Bundle-of-Rights Theory Bundled Software Bundling Bundling, unbundling Bungalow Bunker Bunker Adjustment Factor Bunker Fuel Bunny Bond Bunsan Bunwari Shoukan Buono del tesoro poliennal Buono ordinario del tesor Buoyant			bump into bump into bump into Bump map Bump mapping Bump of Chicken Bump of Locality Bump of Locality Bump of Locality bump off bump off bump off bump off bump start Bump that! Bump To The Top bump up bump up bump up bump up bump up against Bump Up CD Bump Up CDs Bump Up Certificate of Deposit Bump Up Certificates of Deposit bump-down bump-start bump-started bump-starting bump-starts Bump-Up CD Bump-Up CDs Bump-up Certificate of Deposit Bump-Up Certificates of Deposit bumped bumped bumped bumped bumped bumped into bumped into bumped into bumped off bumped off bumped off Bumped Tape Automated Bonding bumped up bumped up bumped up bumper bumper bumper Bumper (disambiguation) Bumper (disambiguation) bumper bar bumper car Bumper cars Bumper Crop Bumper Crop (anthology) Bumper Crop (Joe R. Lansdale) bumper fracture

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.