term certificate

(redirected from Term Certificates)

Term certificate

A certificate of deposit with a longer time to maturity.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

term certificate

A certificate of deposit with a maturity of one year or more.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Traders said the investors trimmed positions in equities and moved to safer investment options such as money market and term certificates which saw the index start out in the red and sink to intraday low by 549 points.
v.###Participation term certificates (PTCs)###1###0.36
DSTs play a vital role in the issuance of debt securities, including sukuk, term finance certificates (TFCs), participation term certificates (PTCs), commercial papers (CPs) etc., whether issued through public offer or private placement, by safeguarding investors' interests.
They account for slightly less than one-half of the longer term certificates, where for-profit, non-degree-granting institutions come into play, conferring nearly one-quarter of these longer-term, sub-two-year certificates.
This has also been decided, to replace all mark-ups, profit practicing term finance certificates (PPTFCS) and loans provided to government-owned power companies on government guarantees by asking the lending banks to subscribe to PIBs against all loans and power related term certificates.
For members and bank customers looking for safety and quick access to their money, the parking spaces these days might be far away from longer term certificates of deposit.
Takaful companies can invest in Shari'ah compliant Government Securities, Immoveable property, Joint Stock Companies, Redeemable Capital, Mutual Funds, Musharika Certificates, Term Finance Certificates and Participation Term Certificates etc, he added.
It raised funds through short- term certificates of deposit ( CDs) and bulk deposits, including the bonds sold by Brihanmumbai Municipal Corporation ( BMC)." " For BMC bonds, SBI had offered 6.85 per cent on Wednesday, and 6.80 per cent on Thursday.
Issue number 37 of the five-year term certificates for instance would produce a tax-free return of 4.25 per cent per annum if held to maturity and assuming inflation at 3.2 per cent over the full term.
Chart 1, which combines information on short-term and longer term certificates, shows the 15 most popular fields of study for all certificates awarded by community colleges in 1999-2000.
The various modes of financing being used are issuance of Participation Term Certificates, equity participation, underwriting of public issues and bridge finance facilities.
Savings bonds, short term certificates of deposit and even some money market mutual funds (those with check writing options) can be good choices.