What is the meaning of Certificate of Deposit?

Subtopics: CD 

Certificate of Deposit is an arrangement between an investor and a financial institution which calls for the financial institution to pay a specific rate of interest over a set period of time. Certain deposits are FDIC insured up to applicable limits.

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APABarry Goldsmith. (2010). certificate of deposit. Retrieved September 28, 2026, from http://smartdefine.org/certificate_of_deposit/definitions/1149704
ChicagoBarry Goldsmith. 2010. "certificate of deposit" http://smartdefine.org/certificate_of_deposit/definitions/1149704 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, certificate of deposit, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/certificate_of_deposit/definitions/1149704>.
MLABarry Goldsmith. "certificate of deposit" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/certificate_of_deposit/definitions/1149704>
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