YANKEE CD Definition

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YANKEE CD is a Certificate of Deposit issued in the United States through the branch of a foreign bank, but denomi­nated in U.S. dollars.

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EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) is an employee benefit to acquire ownership of shares in their company without necessarily laying out personal capital.

THALER is a currency of Bohemia, Germany, Hungary, Roman Empire, Prussia etc.

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