Definition of Certificate of deposit

1. Noun. A debt instrument issued by a bank; usually pays interest.

Exact synonyms: Cd
Specialized synonyms: Time Deposit
Generic synonyms: Certificate Of Indebtedness, Debt Instrument, Obligation

Definition of Certificate of deposit

1. Noun. A type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate. ¹

2. Noun. The certificate issued to the holder of such an account, verifying that he owns it. ¹

¹ Source:

Lexicographical Neighbors of Certificate Of Deposit

certificate authorities
certificate authority
certificate of deposit (current term)
certificate of incorporation
certificate of indebtedness
certificate of need
certificates of deposit
certified check
certified cheque
certified milk

Literary usage of Certificate of deposit

Below you will find example usage of this term as found in modern and/or classical literature:

1. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1918)
"inent.11 But usually the form appears ¡md is. substantially as set forth above, chased the note by giving a certificate of deposit, the court, in sustaining ..."

2. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1889)
"The drafts and the certificate of deposit were all of them signed by Hopkins, ... of $200000 to Kershaw &" Co. on the faith of the certificate of deposit, ..."

3. Forms of Pleading in Actions for Legal Or Equitable Relief: Prepared with by Austin Abbott, Carlos Coolidge Alden (1898)
"Complaint on Certificate of Deposit.1 I. [Allege defendant's corporate capacity, as in Forma 130.] II. That on or about the day of , 18 , the defendant ..."

4. A Treatise Upon Some of the General Principles of the Law: Whether of a by William Wait (1877)
"certificate of deposit. A certificate of deposit in the ordinary form is regarded ... In a recent case it was held that a certificate of deposit issued by a ..."

5. The Law of Negotiable Instruments: Including Promissory Notes, Bills of by James Matlock Ogden (1922)
"certificate of deposit. A certificate of deposit is an instrument in the form of a receipt given by a banker for a certain sum of money. ..."

6. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1921)
"Where a husband, at a time when he was up and about his business, deposited money in a bank ou a certificate of deposit payable to the order of himself or ..."

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