Investment dictionary

YANKEE CERTIFICATE OF DEPOSIT

Yankee Certificate Of Deposit: translation

A certificate of deposit issued by a foreign bank in the United States. As they usually have a minimum face value of $100,000, Yankee certificates of deposit are generally used by institutional and other large investors looking to invest funds in instruments with a relatively high degree of safety, although they are unsecured.

Yankee certificates of deposit can most often be found in New York financial markets. They are generally negotiable, which enables them to trade in a secondary market. Typically, they have a maturity of less than a year.

  1. yankee certificate of deposit—Долларовый депозитный сертификат выпущенный иностранцами на рынке США...Англо-русский словарь по экономике
  2. yankee certificate of deposit—сокр. yankee CD фин.u депозитный сертификат янки свободно обращающиеся долларовые депозитные сертификаты выпущенные иностранными банками на внутреннем рынке СШАem Yankee ...Англо-русский экономический словарь