Meaning CERTIFICATE OF DEPOSIT (CD): Also called a time deposit this is a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited. A CD has a maturity date and a specified interest rate, and can be issued in any denomination. The duration can be up to five years
More terms such as Certificate of deposit (CD) in Dictionary C.
- Definition Carrot Equity:
- Examples British slang for an equity investment with the added benefit of an opportunity to purchase more equity if the company reaches certain financial goals certificate of deposit (cd) definition.
- Definition Capital Turnover:
- Examples dividing annual sales by average stockholder equity (net worth). The ratio indicates how much a company could grow its current capital investment level. Low capital turnover generally corresponds to certificate of deposit (cd) explain.
- Definition Consumer Debenture:
- Examples An investment note issued directly to the public by a financial institution certificate of deposit (cd) what is.
- Definition Commodity:
- Examples A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts certificate of deposit (cd) meaning.
- Definition Cable:
- Examples Exchange rate between British pound sterling and the U.S. dollar certificate of deposit (cd) abbreviation.
