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Deposit note

• An FDIC-insured, negotiable time deposit issued by a bank, in the form of an MTN, always with a maturity at issue of 18 months or longer.

 
 Embedded terms in definition
 Issue
Maturity
Mtn
Time deposit
Time
 
 Related Terms
 

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Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...

If you have an important point to make, don't try to be subtle or clever. Use a pile driver. Hit the point once. Then come back and hit it again. Then hit it a third time - a tremendous whack. - Winston Churchill, Sir (1874-1965)

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