TIME DEPOSIT

Funds that are held in a savings account for a predetermined period of time at a set interest rate. Banks can refuse to allow withdrawals from these accounts until the period has expired or assess a penalty for early withdrawals.

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This page contains a single entry by David published on July 11, 2005 11:06 PM.

THIRD-PARTY COVERAGE was the previous entry in this blog.

TITLE INSURANCE is the next entry in this blog.

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