laddering
 n.— «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.» —“What 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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