English version

certificate of deposit

From Longman Business Dictionary
Related topics: Finance, Banking
certificate of depositcerˌtificate of deˈposit abbreviation CD (also deposit certificate) noun (plural certificates of deposit) [countable usually plural] FINANCEBANKINGa sum of money left with a bank for a particular period of time, and the document showing details of thisInterest from Certificates of Deposit can be deposited to your checking account.Philippine National Bank said it would issue $125 million worth of floating rate certificates of deposit with a maturity of three years. eurodollar certificate of deposit yankee dollar certificate of deposit
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.