What Is a Certificate of Deposit (CD)? A certificate of deposit (CD) is a savings product that earns interest on a lump sum for a fixed period of time. CDs differ from savings accounts because the money must remain untouched for the entirety of their term or risk penalty fees or lost interest. CDs usually
What Are the IntraFi® Network Deposits? The purpose of the IntraFi® Network Deposits (formerly known as the Certificate of Deposit Account Registry Service (CDARS)) is to help people who invest in certificate of deposits (CDs) keep their money insured while also staying below the Federal Deposit Insurance Corporation (FDIC) insurance limit of $250,000 per depositor
What Is a Certificate of Origin (CO)? A certificate of origin (CO) is a document declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product, its destination, and the country of export. For example, a good may be marked “Made in the USA” or “Made in
What Is a Certificate of Participation (COP)? A certificate of participation (COP) is a type of financing where an investor purchases a share of the lease revenues of a program rather than the bond being secured by those revenues. Certificates of participation are, therefore, secured by lease revenues. A certificate of participation (COP) can also
What Is a Certificate of Title? A certificate of title is an official state or municipal-issued document that identifies the owner(s) of personal or real property. A certificate of title provides documentary evidence of the right of ownership. Usually it applies to real estate, though it also may pertain to a business, boat, or vehicle
What Is a Certified Treasury Professional (CTP)? The term certified treasury professional (CTP) refers to a financial designation awarded to individuals experienced in cash management and who pass an exam demonstrating their expertise by the Association for Financial Professionals (AFP). Successful applicants earn the right to use the CTP designation with their names for three
What Is a Certified Check? A certified check is a type of check for which the issuing bank guarantees that there will be enough cash available in the holder’s account when the recipient decides to use the check. A certified check also verifies that the account holder’s signature on the check is genuine. Situations that require
What Is a Certified Commercial Investment Member (CCIM)? A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. The designation is awarded by the CCIM Institute. A CCIM is a resource to the commercial real estate owner, investor, and user, allowing them to make the best
What Is a Certified Consumer Debt Specialist? Certified Consumer Debt Specialist is a professional designation awarded to debt settlement professionals who pass a certification exam. The designation is awarded by the Center for Financial Certifications. Successful applicants earn the right to add the Certified Consumer Debt Specialist designation to their names, which can improve job
What Is a Certified Credit Executive (CCE)? Certified Credit Executive (CCE) is a professional designation issued by the National Association of Credit Management (NACM). It is an executive-level designation. The CCE designation validates that a person is capable of managing credit at a high level of the industry. Key Takeaways Certified Credit Executive (CCE) is a professional
