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jumbo certificate of deposit (jumbo CD) Finance Definition

A certificate of deposit with a minimum denomination of $100,000. Jumbo CDs are usually bought and sold by large institutions such as banks, pension funds, money market funds, and insurance companies.

Browse dictionary entries near jumbo certificate of deposit

  1. ‹ jumbo
  2. ‹ jumble
  3. ‹ July
  4. ‹ Jullundur
  5. ‹ Julius II
  6. ‹ Julius Caesar
  7. ‹ Julius
  8. ‹ Juliet cap
  9. ‹ Juliet
  10. ‹ julienne
  1. jumbo payload ›
  2. Jumna ›
  3. jump ›
  4. jump a claim ›
  5. jump at ›
  6. jump bail ›
  7. jump ball ›
  8. jump bid ›
  9. jump-cut ›
  10. jump in with both feet ›