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- Certificate of deposit index
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Certificate of deposit index
An index based on the interest rates on six-month CDs. It used to determine the interest rate for some adjustable-rate mortgages.
Related Terms
Certificate of Deposit (CD)
Treasury index
Special deposit account
Certificate of title
Index
Variable rate
Certificate of occupancy
Adjustable-rate mortgage (ARM)
Certificate of eligibility
Certificate of sale
Straight purchase
Deposit
Earnest money
Verification of deposit
Variable interest rate
Margin
Liquid assets
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