Certificate of deposit (CD)

Certificate of deposit (CD) a receipt from a bank, thrift institution or credit union, acknowledging the deposit of a sum of money, in which customers earn interest for saving their money for a fixed period of time.

Sources:

Edelman, R. (2010). Truth about Money 3rd Edition. HarperCollins Publishers.

certificate of deposit (CD) Definition | Britannica Money. (n.d.). Encyclopedia Britannica | Britannica. Retrieved from: https://www.britannica.com/money/certificate-of-deposit

Part of speech	Noun
Countable/uncountable	Countable
Type	Abstract
Gender	Male
Case	Nominative

Accounting and Auditing

Certificate of deposit (CD)