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  1. Dictionary
    cer·tif·i·cate of de·pos·it


    • 1. a certificate issued by a bank to a person depositing money for a specified length of time.
  2. People also ask

    How do you calculate a certificate of deposit?

    How do you purchase a certificate of deposit?

    What are the advantages of a certificate of deposit?

    What is a certificate of deposit (CD) and how does it work?

    • What Is a Certificate of Deposit?

      • Certificates of Deposit Basics. Certificates of deposit are, by definition, deposits you make with the issuing bank or credit union.
      • CD Ladders. ...
      • Advantages of Certificates of Deposit. ...
      • Disadvantages of Certificates of Deposit. ...
      • Bottom Line. ...
  3. Certificate of Deposit- Meaning, Features, Benefits ... › mf › what-is-certificate-of-deposit

    Apr 29, 2021 · Certificate of deposit (CD) is an agreement between the depositors and the authorized bank or financial institution. This agreement is for a specific period of time with a certain amount of money to invest where the financial institution pays interest. You can redeem at the time of maturity of the instrument.

  4. What Is a CD (Certificate of Deposit)? - NerdWallet - Inphlu › staging › 2021/04/18

    Apr 18, 2021 · A CD, or certificate of deposit, is a type of savings account with a fixed interest rate usually higher than a regular savings account's rate.. Source:

  5. Certificates of Deposit › certificates-of-deposit

    3 days ago · Whether you are saving for your college tuition or getting your nest egg (money saved for the future) up and running, the Certificate of Deposit (CD) is the perfect savings tool for the future.

  6. Best CD Rates - April 2021 | US News Money › banking › cd-rates

    Apr 07, 2021 · A certificate of deposit is known as a CD and is used by consumers to save money for longer periods of time. A CD is a safe method to save money because up to $250,000 of the money allocated into...

  7. Best CD Rates | Find & Compare CD Rates May 2021 › cd-rates

    6 days ago · What is a Certificate of Deposit? CDs in a nutshell is a deposit account in which you earn a fixed interest rate over a decided term length. The primary difference with a certificate of deposit in comparison with checking and savings accounts is the inability to access your money, without penalty , until the term is over.

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