MLchartDataset catalogue

Variable-rate CDs

Term · Finance and investing · MLC-T-FIN-000392

These have changeable interest rates. Some variable-rate CDs feature a "multi-step" or "bonus rate" structure in which interest rates increase or decrease over time according to a pre-set schedule. Other variable-rate CDs pay interest rates that track the performance of a specified market index, such as the S&P 500 Index.

Table 1. Record
IdentifierMLC-T-FIN-000392
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000392",
  "term": "Variable-rate CDs",
  "field": "Finance and investing",
  "definition": "These have changeable interest rates. Some variable-rate CDs feature a \"multi-step\" or \"bonus rate\" structure in which interest rates increase or decrease over time according to a pre-set schedule. Other variable-rate CDs pay interest rates that track the performance of a specified market index, such as the S&P 500 Index.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/variable-rate-cds/"
}

Record 392 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.