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Glite Dictionary
💿 A disc 🏦 A savings account ⏳ A waiting time
CD

CD

21 3.4
A bank account that keeps money for a fixed time and pays interest
  • noun
  • /siː diː/
  • US
translation icon : certificado de depósito
  • The first is a special 6-month CD at Cambridge Savings Bank in Massachusetts.

the Fed was worried about the biggest players in the CDs market, Mason says.

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Examples

  • PenFed still has the best 1-year CD deal with a 1.26% APY.

    Blog text (17)

  • I'm in this 90-day CD.

    Pacific Heights (1990)

  • Take a down payment and put it into CDs or something you can roll over.

    Back to School (1986)

  • CD stands for Certificate of Deposit.

    Barbie (2023)

  • So, you should limit most of your investments to CDs, money market accounts, savings accounts, etc.

    Blog text (3)

  • If you want to earn interest on your savings, consider opening a CD at your bank.

  • He decided to invest his savings in a CD that offered a higher interest rate than a regular savings account.

  • Many people choose a CD because it provides a secure way to save money for a specific period.

Synonyms

certificate of deposit
vsCD
  • Specialized
3 4.1

A paper from a bank showing you deposit money for a fixed time to earn interest

is the short abbreviated form used in speech and notes

Compounds

CD player
42 1.5

A machine that plays music from CDs

CD-ROM
  • Archaic
16 4.0

A disc for computers that stores data you cannot change

CD-ROM drive
  • Archaic
2 3.7

A device in or connected to a computer that reads data from CDs

CD burner
1 3.2

A machine that writes music or files onto CDs

CD-R
1 4.1

A disc you can write to only once that holds music or files

audio CD
1 2.5

A round plastic disc that stores music or spoken recordings to play in a CD player

CD drive
1 2.7

A part of a computer or music player that reads CDs

CD-WO
  • Archaic
6.7

A compact disc that you can write on only once and then only read

How Long

to bond
  • Specialized
12 6.6
CD
  • US
21 3.4

Surface Forms

CD singular
CDs plural

Etymology

CD stands for certificate of deposit; a certificate is a 'paper' that shows something and a deposit is money you 'put in' a bank. So a CD is a bank document that shows you have put money away for a fixed time and will earn interest.