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.


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https://payrollheaven.com/define/all-savers-certificate/
Modern Language Association (MLA):
All Savers Certificate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 08, 2021 https://payrollheaven.com/define/all-savers-certificate/.
Chicago Manual of Style (CMS):
All Savers Certificate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/all-savers-certificate/ (accessed: December 08, 2021).
American Psychological Association (APA):
All Savers Certificate. PayrollHeaven.com. Retrieved December 08, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/all-savers-certificate/

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.