Multiple Choice
A time deposit that allows the depositor to withdraw some of the funds without a withdrawal penalty is called a:
A) negotiable CD.
B) bump-up CD.
C) step-up CD.
D) liquid CD.
E) None of the options is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q46: When a bank temporarily offers higher than
Q47: _ pricing is where a financial institution
Q48: IRA and Keogh deposits have great appeal
Q49: Conditionally free deposits for customers mean that
Q50: _ CDs permit periodic upward adjustments in
Q52: The types of deposits that will be
Q53: Competition lowers the expected return to a
Q54: The total dollar value of checks paid
Q55: A(n)_ is an interest bearing checking account
Q56: The availability of a large block of