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CD

Definition
Certificate of Deposit. Short- or medium-term, interest-bearing, FDIC-insured debt instrument offered by banks and savings and loans. CDs offer higher rates of return than most comparable investments, in exchange for tying up invested money for the duration of the certificate's maturity. Money removed before maturity is subject to a penalty. CDs are low risk, low return investments, and are also known as "time deposits", because the account holder has agreed to keep the money in the account for a specified amount of time, anywhere from three months to six years.




CD is ...
... part of the Banking subject.


CD appears in these other terms

CDF, Brokered CD, term CD, jumbo CD

CD appears in the definitions of these other terms on BusinessDictionary.com
Standard & Poor's Ratings, credit event, hard water, optical media, cash collateral, and  
 
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