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

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.
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 ?
FMIS A creates an instance of the object model, populates it with the data it wants to transmit, and uses the ADAPT plug-in to serialize it to a file.
Fortunately, plug-ins can also run on gasoline, so you'll never really be stranded.
Simply, that it's time to leverage the advanced technologies, features, and capabilities found in the latest browsers and mobile operating systems--and leave plug-ins behind.
Newly-published DVLA data shows that registrations of plug-ins grew by just 14% in the first half of 2013.
Look for suspicious plug-ins. You should find a 'remove' or 'disable' option beside each add-on and extension.
"Now, thanks to our open plug-in architecture, users can access an entire industry's worth of imaging expertise without ever leaving Aperture."
MJ: So what company do you think will emerge as the leader on plug-in hybrids?
announced that its Plug-In Partner Network experienced major growth in 2006 through its expansion of the number of plug-ins and partners from 110 to 125.
Plug-in Hybrids: The Cars That Will Recharge America by Sherry Boschert (New Society, $16.95) is a lively account of the growing movement (now with major automaker backing) to create plug-in versions of today's hybrid vehicles.
OnOne Software has teamed with Nik Software (www.niksoftware.com), yet another plug-in company, to offer a bundled package consisting of onOne's Genuine Fractals and Nik Sharpener Pro.
onOne has its own bundled package as well: Photoshop Plug-In Suite.
A grassroots coalition of cities including Austin, Baltimore, Denver, Los Angeles, San Francisco and Seattle, together with electric utilities and national policy organizations, launched earlier this week a nationwide campaign calling on automakers to accelerate development of plug-in hybrid electric vehicles.