Euro certificate of deposit (Euro CD)
An interest bearing, time-obligated debt instrument issued by a non-U.S. bank. To compensate for their lower liquidity and increase their attractiveness to investors, Euro CDs typically earn a higher yield than CDs issued by U.S. banks.
Browse by Subjects
See All Related Terms »
medium sized company
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):