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certificate of deposit
(redirected from certificates of deposit)

    Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.03 sec.
certificate of deposit
n. pl. certificates of deposit Abbr. CD or C/D
A certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.
certificate of deposit
n
(Economics, Accounting & Finance / 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
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.certificate of deposit - a debt instrument issued by a bank; usually pays interest
CD
time deposit - a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date
certificate of indebtedness, debt instrument, obligation - a written promise to repay a debt


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? Mentioned in ? References in periodicals archive
 
The bank offers consumer and business checking accounts, money market checking accounts, savings accounts, and certificates of deposit (CDs).
Weekly profile by Los Angeles Business Journal
Certificates of Deposit (CDs) are savings instruments that pay investors a slightly higher interest rate than a regular savings account.
Rating CDs. (Ask B.E.) by Black Enterprise
Kehrer said that when the yield curve is normal, safety-conscious investors can obtain interest rates 50 to 75 basis points higher in fixed annuities than in bank certificates of deposit, but when it is steep, the fixed annuities pay much higher rates.
Bank annuity premiums up in 2001. (Briefing) by Best's Review
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