Bull CD

Bull CD

A bull CD pays its holder a specified percentage of the increase in return on a specified market index while guaranteeing a minimum rate of return.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bull CD

A certificate of deposit in which the interest rate is tied to the value of a stock market over the course its life. There is, however, a minimum interest rate so that the CD is exposed to market upswings, but not downturns. A bull CD is often used by investors who want to have involvement with the stock market but with a low risk.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved