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7 February, 05:45

Purchasing a new cd upon maturity of the current cd is commonly referred to as:

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  1. 7 February, 06:41
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    Purchasing a new CD upon maturity of the current CD is commonly referred to as: rolling over. The term rollover in economics describe the reinvesting funds from a mature security into a new issue of the same or a similar security. In this case the money is reinvested in the buying the same product because the old one is mature,
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