Callable CDs
Term · Finance and investing · MLC-T-FIN-000068
These give the issuing bank the right to terminate - or "call" - the CD after a set period of time, but they do not give the CD holder the same right. If interest rates fall, the issuing bank might call the CD.
| Identifier | MLC-T-FIN-000068 |
|---|---|
| Field | Finance and investing |
| References | SEC Investor.gov Glossary |
Record as JSON
{
"id": "MLC-T-FIN-000068",
"term": "Callable CDs",
"field": "Finance and investing",
"definition": "These give the issuing bank the right to terminate - or \"call\" - the CD after a set period of time, but they do not give the CD holder the same right. If interest rates fall, the issuing bank might call the CD.",
"references": [
"SEC Investor.gov Glossary"
],
"url": "https://mlchart.com/terminology/finance/callable-cds/"
}
Record 68 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.