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Term Certificate
(redirected from Term Certificates)

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Term certificate
A certificate of deposit with a longer time to maturity.

Term Certificate
A certificate of deposit with a maturity of greater than one year. Term certificates pay more in interest to compensate for the time value of money.

term certificate
A certificate of deposit with a maturity of one year or more.


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has decided to raise funds through Participation Term Certificates (PTC) that will be issued after the approval of Stock Exchanges in March 2011.
Members now have the option of withdrawing funds from their share term certificates early without penalty.
The customer can choose to invest in an array of short term to intermediate term Certificates of Deposit, all of which are insured by the Federal Deposit Insurance Corporation (FDIC).
 
 
 
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