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GLOSSARY
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What does Certificate of deposit (CD) mean?
A negotiable bearer instrument which is evidence of a fixed term deposit with a bank and which either bears interest (at a fixed or variable rate) or is issued at a discount. CDs are commonly issued with maturities between one month and five years.The advantage for the bank is that CDs are a simple and flexible way of obtaining fixed term funding from both retail and institutional investors. Documentation and administration costs are minimal.The advantage for investors is that, as a fixed term deposit, a CD will generally bear interest at a higher rate than an equivalent deposit in a savings or call deposit account. In the UK, CDs issued by banks are guaranteed under the Financial Services Compensation Scheme (FSCS) up to the current scheme maximum amount.
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'); $('.cs_maintext2 a').remove() $('.cs_maintext2').append('GET CERTIFIED') } else { var retrievedSegment = localStorage.getItem('Ln_DB'); if (retrievedSegment != null && retrievedSegment != '' && retrievedSegment != undefined) { var lnDB = JSON.parse(retrievedSegment); var userCompany = lnDB["Company_Name"]; if (userCompany.toLowerCase().indexOf("university") > -1 || userCompany.toLowerCase().indexOf("college") > -1) { //change the header $('h4.glossary').text(userCompany + " GLOSSARY"); //remove trial from light house $('.button_grp .trailbtn').remove() //change section CTa to GET CERTIFIED $('.takefreetrialbtn a').remove(); $('.takefreetrialbtn').append('GET CERTIFIED') //change bottom CTA $('.freetrail_bottomtext .bottom_text').text("Quickly access all the law you need with our modern user-friendly tools. Develop your legal knowledge so you’re ready for the working world."); $('.takefreetrail_main button').remove(); $('.takefreetrail_main').append('Existing user? Sign-in'); $('.takefreetrail_main').css('width', 'fit-content'); //change RHS CTA $('#floating-rhs-cta').remove(); $('.rhs_side').append('
Login
'); $('.cs_maintext2 a').remove() $('.cs_maintext2').append('GET CERTIFIED') } } } } $('#accordion').on('hidden.bs.collapse', function () { $('#defaultdiv').show("50"); }); $('#accordion').on('shown.bs.collapse', function () { $('#defaultdiv').hide("0"); }); if (window.matchMedia("(max-width: 767px)").matches) { if (!($('.desktop-30').length > 0) ) { $('.sub-titles').hide(); } else { } } var countOfDocs = 1 + 0 + 0 + 0 + 0 + 0; if (countOfDocs > 0) { $('#total-doc-number').text(countOfDocs); } const url = "https://www.lexisnexis.com/uk/lexispsl/pslhome"; const parseResult = new DOMParser().parseFromString(url, "text/html"); const parsedUrl = parseResult.documentElement.textContent; const title = "certificate-of-deposit-(cd)"; var utmParam = "?utm_source=psl_da_mkt&utm_medium=referral&utm_campaign=" + title; if (parsedUrl.indexOf('?') > -1) { utmParam = "&utm_source=psl_da_mkt&utm_medium=referral&utm_campaign=" + title; } var isArchived='False'; if (isArchived == 'True') { $("#login-psl").attr("href", parsedUrl + utmParam); $("#login-student-cta").attr("href", parsedUrl + utmParam); $("#login-student-rhs-cta").attr("href", parsedUrl + utmParam); $("#HDR-SP-SIGN-IN").attr("href", parsedUrl + utmParam); $(".signBtn.btn-popupArchived").attr("href", parsedUrl + utmParam); } else { $("#login-psl").attr("href", parsedUrl + utmParam); $("#login-student-cta").attr("href", parsedUrl + utmParam); $("#login-student-rhs-cta").attr("href", parsedUrl + utmParam); $("#HDR-SP-SIGN-IN").attr("href", parsedUrl + utmParam); $(".signBtn.btn-popupArchived").attr("href", parsedUrl + utmParam); } }); var btn = document.getElementById('speaker'); speechSynthesis.cancel() var u = new SpeechSynthesisUtterance(); var synth = window.speechSynthesis; var voices = []; voices = synth.getVoices().sort(function (a, b) { const aname = a.name.toUpperCase(), bname = b.name.toUpperCase(); if (aname < bname) return -1; else if (aname == bname) return 0; else return +1; }); var isDaniel = voices.filter(x => x.name == "Daniel UK English Male"); if (isDaniel.length <= 0) { var v = voices.filter(x => x.name == "Google UK English Male"); if (v.length <= 0) { u.voice = voices[0]; } else { u.voice = v[0]; } } else { u.voice = voices[0]; } u.text = 'Certificate of deposit (CD)'; var t; u.onstart = function (event) { t = event.timeStamp; }; u.onend = function (event) { t = event.timeStamp - t; }; if (btn != null || btn != undefined) { btn.onclick = function () { speechSynthesis.speak(u); }; } //Set Timeout Function start setTimeout( function () { var isArchived='False'; if (isArchived == 'True') { document.getElementById("overlay").style.display = "block"; } }, 3000); //Set Timeout Function end
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