certificate of deposit

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certificate of deposit

noun certificates of deposit

  1. A time deposit offered by a bank or credit union, wherein the depositor commits a fixed sum of principal for a predetermined maturity period, in exchange for a guaranteed interest rate higher than that of a standard savings account.

    Similar: CD

  2. The certificate issued to the holder of such an account, verifying its ownership.

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MLA

"certificate of deposit." Wiktionary, via Micwyn, micwyn.com/word/certificate%20of%20deposit. Accessed 6 Nov. 2026.

APA

certificate of deposit. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/certificate%20of%20deposit

Chicago

"certificate of deposit." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/certificate%20of%20deposit.

BibTeX
@misc{certificate_of_deposit_2026,
  title = {certificate of deposit},
  howpublished = {Wiktionary, via Micwyn},
  year = {2026},
  url = {https://micwyn.com/word/certificate%20of%20deposit},
  urldate = {2026-11-06}
}