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Trading Terms

Certificate of Deposit

The longer the term of the CD, the higher the interest rate. A Certificate of Deposit, or CD, is a financial tool that allows individuals to deposit a specific amount of money with a financial institution for a predetermined period. In return, the depositor earns interest on their investment. The longer the term of the CD, the higher the interest rate, providing an incentive for individuals to keep their money invested for a longer period. This allows for the growth of their initial investment over time.

LISP

Artificial intelligence applications heavily rely on a programming language that is grounded in predicate logic. This language, known as Prolog, is widely used in the field o...

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Foreign trade zone (also FTZ)

A foreign trade zone, also known as a free trade zone or bonded warehouse, is a designated area near ports of entry where imported goods can be stored and manipulated withou...

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Bid/tender bond

When a party submits a tender for a project, they are making a promise to the other party (known as the principal) that they will sign a contract if their tender is accepted...

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Limit Up, Limit Down

In the world of finance, it is essential to understand the concept of commodity exchange restrictions. These restrictions dictate the maximum allowable price movements for a...

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