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About: Market-linked CD     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Whole100003553, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Artifact100021939yago:Device103183080yago:Instrument103574816yago:Instrumentality103575240yago:Object100002684yago:PhysicalEntity100001930yago:WikicatInterest-bearingInstrumentsyago:Whole100003553 New Facet based on Instances of this Class

A market-linked CD (MLCD) is also referred to as an equity-linked CD, market-indexed CD, or simply an indexed CD as well. It is a specific type of certificate of deposit that is linked to the performance of one or more securities or market indexes, like the S&P 500. Additionally, the term length is usually much longer, with periods ranging over many years rather than several months.