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Certificate of deposit

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Certificate Of Deposit (Cd) A document issued by a bank in return for a deposit of money.

 


Certificate Of Deposit (CD)
(n) Certificate of Deposit is the document issued by commercial and other saving banks certifying the deposit made by the holder containing the interest and maturity date of the deposit.

CERTIFICATE OF DEPOSIT - Savings certificate that entitle the holder to the receipt of interest. CDs are issued by commercial banks and savings and loans (or other thrift institutions).

certificate of deposit (cd) A bank document that evidences the existence of a time deposit that normally pays interest.
insider trading : the illegal use of esp. material inside information for profit in financial trading see also tippee ...

Certificate of deposit
Definition
: a money-market bond of a preset face value (as $10,000) paying fixed interest and redeemable without penalty only on maturity (as after two years)
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property, one may have an interest in a business, a bank account or any article. 2) the financial amount (money) paid by someone else for the use of a person's money, as on a loan or debt, on a savings account in a bank, on a certificate of deposit, ...

certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a ...

This may be the property being purchased by the loan (as in a car) or other property pledged as a guarantee (such as a certificate of deposit or other financial instrument).

creates or executes a note, that is, issues it, and in signing the instrument makes the promise of payment contained therein. One who signs acheck; in this context, synonymous withdrawer. One who issues a promissory note or certificate of deposit.

See also: Deposit, Interest, Law, State, Issue

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