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Add-On

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
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.

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


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Gator is one of a number of browser add-ons that try to mine profits from its users' personal information.
The patented board game add-on sits inside of the original real estate trading game (produced and sold by Hasbro, independent of RADGames), and offers a whole new level of play and excitement featuring additional properties, utilities, and action cards.
Thirty years later, Wilkins brought the first Super Add-Ons product to market - Super Add-Ons(TM) - Version for Monopoly(R).
 
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