Meaning BUMP-UP CD: A certificate of deposit granting the owner the right to increase its yield one time for the remaining term of the CD. The power is exercised by the owner in the event of an interest rate hike
More terms such as Bump-up CD in Dictionary B.
- Definition Buy:
- Examples To purchase an asset; taking a long position bump-up cd definition.
- Definition Back Taxes:
- Examples Due taxes that have not been paid on time bump-up cd explain.
- Definition Busted Convertible:
- Examples income equivalent. Mainly applies to convertible securities. Convertible bond selling essentially as a straight bond. Assuming the issuer is money good, or will continue to meet credit obligations bump-up cd what is.
- Definition Best-Efforts Sale:
- Examples securities distribution/underwriting in which the securities firm agrees to sell as much of the offering as possible and return any unsold shares to the issuer. As opposed to a guaranteed or fixed bump-up cd meaning.
- Definition Blue-Sky Laws:
- Examples State laws covering the issue and trading of securities bump-up cd abbreviation.
