certificate of deposit

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certificate of deposit

n. pl. certificates of deposit Abbr. CD
1. 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.

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

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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.certificate of deposit - a debt instrument issued by a bank; usually pays interest
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
References in periodicals archive ?
Certificates of Deposit, which CBUAE issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system.
Annual profit of QIB's Certificates of Deposit in Qatari riyal is expected to be 3.
Al-Salam Holding is preparing a disclosure report to offer its shares on the Egyptian Exchange (EGX) in the form of certificates of deposit, said vice chairperson and CEO of Prime Holding Mohamed Maher, who is acting as the financial adviser of the company's initial public offering (IPO) on the EGX.
First of its kind in Qatar, QIB's Certificates of Deposit will be available for individuals and corporate customers in Qatari Riyal and US Dollar for different tenors of two, three and five years.
M2 EQUITYBITES-July 10, 2015-Sallie Mae Bank declares new rates for certificates of deposit
Global Banking News-July 10, 2015--Sallie Mae Bank announce new rates for certificates of deposit
Muscat, February 21 (ONA) Certificates of deposit tender was held at the Central Bank of Oman (CBO) this week.
Certificates of deposit Certificates of deposit (CDs) tender was held at the Central Bank of Oman (CBO) this week.
Certificates of deposit (Issue No 638) tender was held at the Central Bank of Oman (CBO) this week.
For the first time since 2003 there has been a decrease in certificates of deposit issued by the Central Bank, which now total about RD$6 billion.
The average daily balance of M2 plus certificates of deposit came to 719.
Stephens instituted the CDARS program, which insures tip to $25 million in certificates of deposit by placing a client's funds among a group of unaffiliated banks.

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