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step-up CD

/stɛp ʌp ˌsiˈdi/ /stɛp ʌp ˌsiːˈdiː/
noun
GeneralFinance
  1. 1 faiz artışlı mevduat sertifikası countable

Definition (English)

A Certificate of Deposit (CD) where the interest rate increases at set intervals over the term.

Example Sentences

  1. A step-up CD can be useful when interest rates are expected to rise.
    Faizlerin yükselmesi beklendiğinde faiz artışlı mevduat sertifikası faydalı olabilir.
  2. The step-up CD offers higher returns over time.
    Faiz artışlı mevduat sertifikası zamanla daha yüksek getiri sunar.

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