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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
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: wiktionary.com
Lexicographical Neighbors of Certificate Of Deposit
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