What is the meaning of Fixed Deposit?

Fixed Deposit is a specific sum of money deposited in a financial institution for a fixed term earning a pre-agreed interest rate.

Barry Goldsmith
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APABarry Goldsmith. (2010). fixed deposit. Retrieved October 1, 2026, from http://smartdefine.org/fixed_deposit/definitions/1154124
ChicagoBarry Goldsmith. 2010. "fixed deposit" http://smartdefine.org/fixed_deposit/definitions/1154124 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, fixed deposit, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/fixed_deposit/definitions/1154124>.
MLABarry Goldsmith. "fixed deposit" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/fixed_deposit/definitions/1154124>