I define cash to include relatively short - term and
guaranteed bank certificates of deposit, which currently pay about 1 to 2 % annually across a 1 to 5 year maturity range (assuming a reasonably large chunk of money is being invested).
Not exact matches
CD stands for
certificate of deposit, which you can buy from a
bank and is
guaranteed to pay interest over a designated period
of time — usually much more than a savings account would.
In contrast, accounts that
guarantee at least the return
of your original balance — like
certificates of deposit or money market accounts — are always covered, as long as the issuing
bank or credit union participates in
deposit insurance.
Certificates of deposit (CDs) are a
guaranteed investment where you pay a set amount for the CD and the
bank will
guarantee you will get your original money (principal) back when the CD matures plus a fixed interest rate which will never change.
Street Capital
Bank of Canada offers
Guaranteed Investment
Certificates to investors across Canada through a network
of Investment Industry Regulatory Organization
of Canada (IIROC) regulated
deposit dealers.
Deposits of redemptions from ICICI Bank Canada Guaranteed Investment Certificates or term
Deposits of redemptions from ICICI
Bank Canada
Guaranteed Investment
Certificates or term
depositsdeposits
In contrast, accounts that
guarantee at least the return
of your original balance — like
certificates of deposit or money market accounts — are always covered, as long as the issuing
bank or credit union participates in
deposit insurance.