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bump-up CD

/bʌmp ʌp ˌsiˈdi/ /bʌmp ʌp ˌsiːˈdiː/
noun
GeneralBanking
  1. 1 faiz artışlı mevduat sertifikası countable

Definition (English)

A certificate of deposit whose rate the holder can raise once if market rates rise.

Example Sentences

  1. Consider a bump-up CD if rates might increase.
    Oranlar artabilirse faiz artışlı mevduat sertifikasını düşünün.
  2. This bump-up CD lets you benefit from rising interest.
    Bu faiz artışlı mevduat sertifikası, artan faizlerden yararlanmanızı sağlar.

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