Series 52: Certificates Of Deposit (CDs)

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Certificates Of Deposit (CDs)...

savings accounts with a fixed interest rate that restricts access to the funds until a specified maturity date.

Since you're reading about Series 52: Certificates Of Deposit (CDs), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 52
Please Enable Javascript
to view this content!