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Showing results for certificate of deposit. Search instead for Certificate+of+Deposit+(CD).
Synonyms

certificate of deposit

American  

noun

  1. a written acknowledgment of a bank that it has received from the person named a specified sum of money as a deposit, often for a fixed term at a specified interest rate. CD, C.D., C/D, c/d

certificate of deposit British  

noun

  1.  CD.  a negotiable certificate issued by a bank in return for a deposit of money for a term of up to five years

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

With a credit builder loan, the borrowed amount is stored in a savings account or certificate of deposit that the borrower can claim after a set number of monthly payments.

From Los Angeles Times • Apr. 14, 2024

So they asked guests at their 2022 wedding to contribute to their savings, currently in a certificate of deposit, as they work towards buying a dream home with a porch in her native New England.

From Reuters • Aug. 10, 2023

It’s easy to imagine that the money you keep in your savings account, checking account or certificate of deposit is just waiting for you to use it.

From Seattle Times • May 23, 2023

But with inflation still high, I bonds will continue paying significantly more than a savings account or certificate of deposit even after the rate resets in November.

From Washington Post • Oct. 14, 2022

The holder of a certificate of deposit may transfer it.

From Business Hints for Men and Women by Calhoun, Alfred Rochefort

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.