certificate of deposit

== English == === Noun === certificate of deposit (plural certificates of deposit) (banking, finance) A time deposit offered by a bank or credit union, wherein the depositor commits a fixed sum of principal for a predetermined maturity period, in exchange for a guaranteed interest rate higher than that of a standard savings account. Synonym: CD (initialism) (banking, finance) The certificate issued to the holder of such an account, verifying its ownership. ==== Translations ==== ==== Further reading ==== certificate of deposit on Wikipedia.Wikipedia