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Synonyms

certificate of deposit

American  

noun

  1. a written acknowledgment of a bank that it has received from the person named a specified sum of money as a deposit, often for a fixed term at a specified interest rate. CD, C.D., C/D, c/d


certificate of deposit British  

noun

  1.  CD.  a negotiable certificate issued by a bank in return for a deposit of money for a term of up to five years

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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See Examples For:

In a video demo viewed by Barron’s this week, Sky walks a client through options for a certificate of deposit account that’s come due.

From Barron's Apr. 22, 2026

It may not make sense to prepay a 3% mortgage when you can earn 5% on a certificate of deposit, for example.

From Los Angeles Times Apr. 28, 2024

So they asked guests at their 2022 wedding to contribute to their savings, currently in a certificate of deposit, as they work towards buying a dream home with a porch in her native New England.

From Reuters Aug. 10, 2023

If the total does not exceed $250,000, multiple holdings — say a $50,000 savings account and a $20,000 certificate of deposit — will be covered.

From New York Times May 1, 2023

The little twenty-dollar certificate of deposit opened my mind to different things entirely.

From The Conquest The Story of a Negro Pioneer by Micheaux, Oscar

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