certificate of deposit

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Noun[edit]

certificate of deposit (plural certificates of deposit)

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

Translations[edit]

External links[edit]