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Dictionary


certif'icate of depos'it




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. Abbr.: CD, C.D.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

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See also:
  • Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/certificate-of-deposit.html on line 102 certificate of deposit (Thesaurus)

 

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