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Definition of 'One-Day Certificate'
A type of temporary financing used by the U.S. Treasury. One-day certificates are interest bearing and are used when the Treasury must borrow from the Federal Reserve System. These certificates are a type of Special Certificate that is issued to the Federal Reserve Bank of New York.
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Investopedia explains 'One-Day Certificate'
One-day certificates have not been issued since June of 1979. Legislation prohibits the Treasury from borrowing more than $5 billion directly from the Federal Reserve and requires the approval of at least five of the seven governors of the Federal Reserve Board.
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Search results for 'One-Day Certificate'
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http://www.investopedia.com/articles/pf/09/independent-529-college-savings-plan.asp
... at least 0.50% for every year that you don't redeem the certificate, and some ... tuition of $25,000 and offers an annual discount of 1%. Year one day one tuition ...
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http://financialedge.investopedia.com/financial-edge/1111/7-Unique-And-Inexpensive-Gifts-For-The-Holidays.aspx
... Enclosed in a holiday greeting card, the gift certificate takes on a festive, ceremonial ... The procedure may take more than one day, so the gift-giver may want ...
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http://www.investopedia.com/slide-show/survive-bear-market-financial-crisis/certificate-deposit-treasury-bill.aspx
... What seems like a massive global catastrophe one day may be remembered as nothing more than a blip on the radar screen a few years down the road. ...
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http://www.investopedia.com/articles/basics/03/051603.asp
... duration for which you want to leave the order valid (eg, one day to one ... a security in registered form you must, to be issued a new certificate, undertake the ...
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http://www.investopedia.com/university/credit-crisis/credit-crisis7.asp
... plan on September 29, the S&P 500 fell 8.8%, its largest one-day percentage decline since ... bill is just another piece of paper, and a stock certificate holds no ...
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http://www.investopedia.com/ask/answers/03/061303.asp
... denote that the settlement occurs on a transaction date plus one day, plus two ... the delivery of a particular security, which was in actual certificate form and ...
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