These give the issuing bank the right to terminate – or "call" – the CD after a set period of time, but they do not give the CD holder the same right. If interest rates fall, the issuing bank might call the CD.
Thinking About Investing In The Latest Hot Stock?
Read our investor alert on the significant risks of short-term trading based on social media.
Know the Risks of Day Trading
Read this Director’s Take article to understand the risks of engaging in this type of speculative investing.
Investing Quiz – May 2021
Test your knowledge on common investing terms and strategies and current investing topics.