Definitions
There is 1 meaning of the phrase
Certificate Of Deposit.
Certificate Of Deposit - as a noun
A debt instrument issued by a bank; usually pays interest
Synonyms (Exact Relations)
cdHypernyms (Closely Related)
certificate of indebtednessdebt instrumentobligation13Hyponyms (Broadly Related)
Example Sentences
"I'll put my money into a certificate of deposit to earn interest."
"She decided to invest her savings in a certificate of deposit at the bank."
"The certificate of deposit had a maturity period of three years."
"He received a certificate of deposit as a gift from his grandparents."
"The bank offers various types of certificate of deposits with different interest rates."
