TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

roll-over certificate of deposit [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1998-04-15

English

Subject field(s)
  • Banking
DEF

A package of certificates of deposit (CD) with maturity of, for example, three years, divided into six six-month periods. An investor buys the package as a whole but he may sell any of the six-month CDs on the secondary market. He is nevertheless committed to rolling over the CD by redepositing funds to the amount of the next six-month CD.

French

Domaine(s)
  • Banque

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
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