John Casteele Articles

Last 50 articles...

Today's Market

updated 10 hours ago Sponsored by:
DOW 17,827.75 12.81 0.07%
S&P 500 2,072.83 5.80 0.28%
NASD 4,787.32 29.07 0.61%

Community: Investing Wiki

Term Of The Hour

figure time deposit: Original post by Mark Kennan of Demand Media Time deposits refer to accounts that you put money in for a specified period of time to accrue interest at a specified rate until they mature, such as certificates of deposit. Usually, you cannot remove money from the time deposit before the maturity date without paying an early withdrawal penalty. In exchange for this illiquidity, time deposits often…

Want to learn more or edit this definition?
Click here to read more!