Super Finance Glossary
Over 10,000 financial glossary terms...
Variable-rate CDs
Variable-rate CDs
Definition: Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates.
Definition: Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates.