Meaning of “yankee dollar certificate of deposit” in the English Dictionary

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"yankee dollar certificate of deposit" in Business English

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yankee dollar certificate of depositnoun [ C ]

uk us FINANCE, STOCK MARKET

a certificate of deposit (= an investment for a fixed period) sold in the US by a foreign bank or organization

(Definition of “yankee dollar certificate of deposit” from the Cambridge Business English Dictionary © Cambridge University Press)

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