A certificate of deposit whose interest rate fluctuates in direct correlation to the value of an underlying market index. In other words, the interest rate paid on the CD increases as the value of the market index increases during the life of the CD.


This type of CD is most often used by investors looking for a very safe investment that also gives them exposure to the stock market. The CD interest rate does not lose value if the market falls in value because there is a minimum rate that has to be paid.

  1. Bear CD

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  2. Index-Linked Certificate Of Deposit

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  3. Liquid Certificate Of Deposit

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  4. Jumbo CD

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  5. Brokered Certificate Of Deposit

    A brokered certificate of deposit (CD) is a CD that an investor ...
  6. Uninsured Certificate Of Deposit

    A certificate of deposit (CD) which is not insured against losses. ...
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  1. What are the typical durations for a certificate of deposit?

    Investing in a certificate of deposit offers individuals the ability to earn interest on idle funds with less risk than stock ... Read Answer >>
  2. Can certificates of deposit (CDs) lose value?

    CDs are FDIC insured, so they do not lose face value, though broker-issued CD accounts do carry risks. Read Answer >>
  3. What is considered a good interest rate for a certificate of deposit (CD)?

    Explore the various options available with certificates of deposit and discover how to find the most lucrative rates for ... Read Answer >>
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