Advertisement
Advertisement
money-market certificate
[ muhn-ee-mahr-kit ]
noun
- a certificate of deposit held for a specified term earning a fixed interest rate keyed to the interest rate of U.S. Treasury bills.
- any type of savings certificate whose interest rate is based on current money-market interest rates.
Advertisement
Word of the Day
[tawr-choo-uhs ]
Meaning and examplesStart each day with the Word of the Day in your inbox!
By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.
Advertisement
Advertisement
Advertisement
Browse