certificates of deposit

Cultural  

1. Bonds issued by banks and savings and loan associations to individual investors. CDs have terms ranging from a few months to several years; in general, the longer the term, the higher the interest rate that they bear. At the expiration of the term, investors may withdraw both the principal and the accrued interest. Penalties are imposed for early withdrawal.

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Example Sentences

The steady payouts generated by bonds, certificates of deposit, dividend stocks and other income-generating assets and holdings come with a variety of tax implications for investors.

From The Wall Street Journal • Mar. 8, 2026

One obvious answer is certificates of deposit, which promise a fixed interest rate for a set term, such as one, three, or five years.

From Barron's • Dec. 11, 2025

High-yield savings accounts are more liquid than certificates of deposit, meaning you can take your money out more easily, with withdrawals usually limited to half a dozen per month.

From MarketWatch • Nov. 4, 2025

With the stock market so high, I have suggested that he might want to sell the investments, take the tax hit and consolidate into short-term certificates of deposit or similar.

From Los Angeles Times • Aug. 11, 2024

Holders of the coin were authorized to deposit the same with the United States Treasurer and to receive therefor certificates of deposit, known as silver certificates.

From American Eloquence, Volume 4 Studies In American Political History (1897) by Johnston, Alexander