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 ?
* On the next window, users should scroll down and select Manage leftover add-ons.
When using Voice Changer Software Diamond 9.5, free add-ons are a great way to further improve the program's already huge, initial library of 30 Voice Effects, 70 Background Effects, 17 Non-human Voices, 40 plug-in Audio Effects and other filters.
Business customers can subscribe to any mobile add-on of choice starting AED 30 per month and avail the offer.
Etisalat today announced a special offer of 25GB free data with the subscription of mobile add-ons enabling its business customers to stay up-to-date, connected with their clients at all time and increase business efficiency.
The DocuSign add-on lets users to virtually sign a document, while ProsperWorks let the user import their CRM data to create and reports and graphs on the sheet.
And Levy responded by arguing how many big deals involved structured payments and add-ons.
City will up the ante by a further [euro]14m to make the final deal worth [euro]55m with add-ons and again they will hand Liverpool the cash instantly.
The six packages range from a daily rate of BD0.500 for unlimited data usage, to a weekly fee of BD1 for 1GB usage along with four options for the monthly data add-ons ranging from BD2 for 1GB to BD15 for unlimited data usage.
The Season Pass includes the first three complete game add-ons:
Viva Bahrain has launched a new set of 4G LTE data add-ons for both postpaid and pre-paid customers.
UK regulators have said that they will investigate insurance add-ons offered by companies to clients.
Delaney said the bids also included alternate bids for four add-ons the city could include in the construction of the station when it is built on Main Street.