InvestorWords.com

A specific type of Certificate of Deposit, characterized by the fact that its interest rate varies depending upon the value of some other item. Some certificates have their interest rates fluctuate based on a given stock index, others based on the prime rate. Typically these rates are adjusted quarterly.

• "Buy Condor" Stock Option Investment Strategy
• Places to Buy a Car Other than Dealers
• "Sell Butterfly" Option Investment Strategy
• How to Avoid or Escape Credit Card Debt
• Dollar Cost Averaging Stock Strategy
• Rearranging a Portfolio with ETFs

Featured Advertiser