All Savers Certificate

Business, Legal & Accounting Glossary

Definition: All Savers Certificate

All Savers Certificate

Full Definition of All Savers Certificate

A Certificate of Deposit (CD) with a duration of one year with an interest rate fixed to newly-issued Treasury Bills. The all savers certificate had a minimum deposit of $500 and was issued between October 1981 and December 1982. An incentive related to the certificate was that it was exempt from federal income taxes up to $2,000. It was created by the Economic Recovery Act of 1981.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
All Savers Certificate. Payroll & Accounting Heaven Ltd.
December 08, 2021
Chicago Manual of Style (CMS):
All Savers Certificate. Payroll & Accounting Heaven Ltd. (accessed: December 08, 2021).
American Psychological Association (APA):
All Savers Certificate. Retrieved December 08, 2021
, from website:

Definition Sources

Definitions for All Savers Certificate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.