certificate of deposit
n. pl. certificates of deposit Abbr. CD1. A time deposit usually having a term of less than five years and paying a fixed rate of interest.
2. A certificate from a bank stating that the named party has a specified sum on deposit.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
certificate of deposit
n (Banking & Finance) a negotiable certificate issued by a bank in return for a deposit of money for a term of up to five years. Abbreviation: CD
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
certif′icate of depos′it
n. a written acknowledgment from a bank for money deposited, indicating the percentage of interest to be paid for a specified period.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
| Noun | 1. | certificate of deposit - a debt instrument issued by a bank; usually pays interesttime deposit - a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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