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jumbo certificate of deposit

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Jumbo certificate of deposit
A certificate of deposit in increments of $100,000.

jumbo certificate of deposit
A certificate of deposit with a denomination of $95,000 or more. Jumbo certificates of deposit are negotiable and ordinarily carry slightly higher interest rates than smaller certificates.

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3 issue of Jumbe Rate News, a weekly newsletter for investors in the jumbo certificate of deposit (over $98,000 per account) market.
 
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