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Showing results for certificate of deposit. Search instead for certificate+of+deposit.
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.

She wants to convert the IRA into a certificate of deposit so it is insured by the FDIC.

From Los Angeles Times • Sep. 17, 2023

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

"What did you want of me?" says the president "I wanted to see you about a certificate of deposit I've got here on your bank for eighteen dollars."

From Remarks by Nye, Bill