certificate of deposit
A time deposit offered by a bank or credit union, wherein the depositor commits a…A time deposit offered by a bank or credit union, wherein the depositor commits a fixed sum of principal for a predetermined maturity period, in exchange for a guaranteed interest rate higher than that of a standard savings account.
Meaning
2 sensesA time deposit offered by a bank or credit union, wherein the depositor commits a fixed sum of principal for a predetermined maturity period, in exchange for a guaranteed interest rate higher than that of a standard savings account.
Einlagenschein, Depotschein, Einlagezertifikat
The certificate issued to the holder of such an account, verifying its ownership.
Einlagenschein, Depotschein, Einlagezertifikat
- a debt instrument issued by a bank; usually pays interest
Translations
3 languagesBy meaning 2
Forms
plural: certificates of deposit| Singular | certificate of deposit |
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| Plural | certificates of deposit |
irregular · Lesson
Synonyms
1 synonymsLessons for this word
1 lessons- A1Plural nouns — Because its plural is irregular
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.