Junior Equity: Definition, Examples, and Advantages
An in-depth exploration of junior equity, providing comprehensive definitions, practical examples, and highlighting the advantages of this lowest-priority corporate stock.
Junior Security: Definition, Functioning, and Examples
A comprehensive guide to understanding junior security, including its definition, how it works, and real-world examples. Providing insights into its lower priority claim on the income or assets of its issuer.
Junk Fee: Definition, Implications, and Regulatory Reforms
An in-depth examination of junk fees, their impact on consumers, and the regulatory reforms aimed at mitigating their occurrence in real estate, banking, and lending.
Juris Doctor (JD): Definition, Requirements, History, Career Outlook, and Salary
Comprehensive guide on the Juris Doctor (JD) degree including its definition, requirements, historical context, career prospects, and salary expectations for lawyers in the U.S.
Jurisdiction Risk: Comprehensive Definition and Implications
An in-depth exploration of Jurisdiction Risk, its types, implications in banking, money laundering, and terrorism financing. Understand the historical context, practical examples, and management strategies.
Just Compensation: Definition, Factors, and Methods
A comprehensive guide to just compensation, including its definition, the factors that influence it, and the methods used in its determination.
Just in Case (JIC) Inventory Strategy: Definition, Mechanism, and Examples
An in-depth exploration of the Just in Case (JIC) inventory strategy, including its definition, how it operates, real-world examples, and its implications in supply chain management.
Just Say No Defense: Meaning, Examples, and Criticism
A comprehensive examination of the 'Just Say No' defense strategy, its use in corporate governance, illustrative examples, and the criticisms it faces in the context of hostile takeovers.
Just-in-Time (JIT) Inventory System: Definition, Example, and Advantages & Disadvantages
A comprehensive guide to understanding the Just-in-Time (JIT) inventory system, including its definition, practical examples, and a balanced discussion of its advantages and disadvantages.
Justified Wage: Meaning, Function, and Real-World Examples
A comprehensive exploration of justified wage, detailing its definition, operational mechanics, and practical illustrations in various industries.
A Jumbo Certificate of Deposit (CD) is a type of savings account with higher balance requirements than a traditional CD that, in return, offers a higher interest rate. They are typically used by individuals or entities with substantial amounts of capital to invest and desire a secure, low-risk investment option. Key Features Minimum Balance Requirements Jumbo CDs usually require a minimum deposit of $100,000 or more. This high threshold distinguishes them from regular CDs, which typically require much lower minimum deposits.

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