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Certificate of deposit definition in english





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In short: Only discussions that contribute to finding solutions and do not aggravate are permitted.
TCTerms Posting Note, tCTerms is here for the purpose of finding answers to questions.YES NO 9 people found this helpful.Also, Certificates of Deposit are typically known as term deposits in countries like Australia, Canada and New Zealand, as time deposits in Asia, CDs in the United States, as fixed rate bonds in Great Britain, and as fixed deposits in some other countries like India.Short- or medium-term, interest-bearing, fdic-insured debt instrument offered by banks and savings and loans.Use this term in a sentence.YES NO 10 people found this helpful.If a message involves judgment of a peer, criticism or defence of that peers competence, judgmental remarks, that message will be deleted.If within the body of a communication there is that judgement, that part will be taken out.Certificate of Deposit Example: For example, a Certificate of Deposit will often be used by individuals, businesses and financial institutions around the world as a means of storing their liquid funds for a fixed period of time for future use.The certificate of deposit generated a whole five percent profit in five months so we decided to continue the investment indefinitely.Certificate of Deposit Meaning: In deposit terminology, the term Certificate of Deposit or CD refers to money market instruments of relatively short duration or savings accounts that pay a fixed rate of interest until a given maturity date.No duplicate answers are permitted.CDs are low risk, low return investments, and are also known as " time deposits because the account holder has agreed to keep the money in the account for a specified amount of time, anywhere from three months to six years.Also, funds placed in a Certificate of Deposit usually cannot be withdrawn prior to maturity or they can perhaps only be withdrawn with advanced notice and/or by having a penalty assessed.You may want to invest in a certificate of deposit if you want to lower your risk and know everything is safe.CDs offer higher rates of return than most comparable investments, in exchange for tying up invested money for the duration of the certificate's maturity.The TCTerms Team, read more.Money removed before maturity is subject to a penalty.All non-linguistic content will be removed.In the retail market, a Certificate of Deposit is a relatively safe investment when provided by insured financial institutions such as banks, savings and loan corporations and credit unions that are usually regulated within the country in which they operate.




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