Sentences with phrase «equivalent of certificates of deposit»
Great rates on SECU's share certificates — the credit union equivalent of certificates of deposit — help them get a high NerdWallet rating, 4.5 stars out of a possible 5
https://www.nerdwallet.com/ Not exact matches
Our cash and cash equivalents consist of cash, money market accounts, certificates of deposit and commercial paper.
Those returns were incredibly volatile — a stock might be down 30 % one year and up 50 % the next — but the power of owning a well - diversified portfolio of incredible businesses that churn out real profit, firms such as Coca - Cola, Walt Disney, Procter & Gamble, and Johnson & Johnson, has rewarded owners far more lucratively than bonds, real estate, cash equivalents, certificates of deposit and money markets, gold and gold coins, silver, art, or most other asset classes.
Liquid assets include all the cash or cash equivalents, equity mutual funds (not equity - linked savings schemes such as a certificate of deposit that have 3 year lock - in period), equities, debt funds (including short - term gilt funds, monthly income plans other plans except the closed - ended funds) and all other assets which can be redeemed within 3 - 4 working days.
As it implies, laddering refers to buying various increasing maturities of equivalent - value certificates of deposit (CDs) or investment grade corporate bonds.
But if you add buying a home to your list of goals, you might reallocate some of your assets from equities to cash equivalents, like certificate of deposit (CDs).
Saving is essentially the accumulation of leftover income, kept as cash or a cash - equivalent such as a certificate of deposit (or CD).
Because of their conservative profile, it's currently invested in GICs (Guaranteed Investment Certificates, the Canadian equivalent of term deposits) at 3 %, which pays out fully taxable interest income.
For the purpose of achieving income, a Fund may lend its portfolio securities, provided (1) the loan is secured continuously by collateral consisting of U.S. Government securities or cash or cash equivalents (cash, U.S. Government securities, negotiable certificates of deposit, bankers» acceptances or letters of credit) maintained on a daily mark - to - market basis in an amount at least
However, a debenture issued by a bank, other corporation or government is a debt security and is not the equivalent of a certificate for a term deposit.