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ALL meanings of certificate of deposit

cer·tif·i·cate of de·pos·it
C c
  • noun certificate of deposit a negotiable certificate issued by a bank in return for a deposit of money for a term of up to five years 3
  • noun certificate of deposit a time deposit paying a specified rate of interest for a specified period of time, with a penalty imposed for premature withdrawal of the deposited funds 3
  • noun certificate of deposit a certificate acknowledging such a deposit 3
  • noun certificate of deposit 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. Abbreviation: CD, C.D. 1
  • noun certificate of deposit financial account 1
  • noun certificate of deposit A type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate. 0
  • noun certificate of deposit The certificate issued to the holder of such an account, verifying that he owns it. 0
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