certificate of deposit love

certificate of deposit


from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A time deposit usually having a term of less than five years and paying a fixed rate of interest.
  • noun A certificate from a bank stating that the named party has a specified sum on deposit.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate.
  • noun The certificate issued to the holder of such an account, verifying that he owns it.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun a debt instrument issued by a bank; usually pays interest


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