Top 10 facts about the world. Fixed deposits are loan arrangements where a specific amount of funds is placed on deposit under the name of the account holder. The money placed on deposit earns a fixed rate of interest, according to the terms and conditions that govern the account.
http://www.wisegeek.com/what-are-fixed-deposits.htm
DEFINITION of 'Term Deposit'. A term deposit is a deposit held at a financial institution that has a fixed term. These are generally short-term with maturities ranging anywhere from a month to a few years.
http://www.investopedia.com/terms/t/termdeposit.asp
Written by Ching. Fixed deposit, or commonly referred to as “FD” in Malaysia, is a type of bank savings or investment account that promises the investor a fixed rate of interest.
https://www.imoney.my/articles/what-is-fixed-deposit-how-do-fixed-deposits-work
Closing a term deposit before the end of the term, or maturity, comes with the consequence of lost interest on the principal. The penalty for withdrawing prematurely or against the agreement is stated at the time of opening a term deposit, as required by the Truth in Savings Regulation.
http://www.investopedia.com/terms/t/termdeposit.asp
Drawbacks of CD's. On term deposits, interest rates can track inflation rates, making it so any gain on the principal is in fact not a gain in value but simply a gain in capital. However, the issue is not whether or not term deposit track inflation, but how closely they do.
http://www.investopedia.com/terms/t/termdeposit.asp
Fixed deposits are a credible way to make a return on investment that is somewhat higher than a standard savings account. The use of fixed deposits can also be helpful when working with various types of currency.
http://www.wisegeek.com/what-are-fixed-deposits.htm
The investor can either recoup the principal and the interest and keep it, or they can then re-invest in another 5 year term deposit. Financial institutions aren't responsible for the management of a ladder investment strategy, the investor is.
http://www.investopedia.com/terms/t/termdeposit.asp
What this means is should you choose to invest in a fixed deposit with a 3 month term, you will be entitled to an interest rate of 3.05% p.a. at the end of three months.
https://www.imoney.my/articles/what-is-fixed-deposit-how-do-fixed-deposits-work
Fixed deposit term can vary anywhere from one month to five years. Advertisement. When you invest in a fixed deposit investment, you are usually presented with different “tenure” or term options e.g. one month, three months, six months, one year etc. Each “tenure” or term comes with a predetermined interest rate.
https://www.imoney.my/articles/what-is-fixed-deposit-how-do-fixed-deposits-work
The most unusual characteristic of a fixed deposit is that the funds cannot be withdrawn for a specified period of time. In most cases, fixed deposits carry a duration of five years. During that time, the money remains in the account and cannot be withdrawn for any reason.
http://www.wisegeek.com/what-are-fixed-deposits.htm
what is a fixed deposit
A fixed deposit is a loan arrangements where a specific amount of funds is placed on deposit under the name of the account holder. A fixed deposit is a loan arrangement where a specific amount of funds is placed on deposit under the name of the account holder.