laddering

laddering
 n.β€” Β«It’s also possible to buy a series of CDs, often referred to as “laddering,” so you’ll have some coming due at fairly frequent intervals, allowing you to renew at higher rates if rates are rising.Β» β€”β€œWhat to do when you want to run from risk” by Albert B. Crenshaw Houston Chronicle (Texas) Feb. 2, 2008. (source: Double-Tongued Dictionary)

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