What does Certificate of Deposit Index mean?

This is an index that tracks the performance of certificates of deposit (CDs) in the financial market. The index is used as a benchmark for the performance of CD investments and is often used by investors as a way to gauge the overall health of the financial system.

Related Terms

Contract Multi Listing Services Estimated Tax Savings Bed Tax Tenants In Common Agreed Boundary Qualifying Ratios Leasehold Estate Setback Trans-Union Liability Insurance Waiver of Subrogation (In a Lease) Right To Recission Tax Deduction Co-Signer Estimated Increase In Equity Production Home Vacancy and Credit Losses