certificate of deposit
3
4.1
- noun
- /sərˈtɪfɪkɪt əv dɪˈpɒzɪt/
- Specialized
:
certificado de depósito
- You should consider investing in a certificate of deposit if you want a safe place for your savings that earns interest.
- bank certificate of deposit
- market certificates of deposit
- certificates of deposit, money
Basically, if you're a bank, you want to pay people interest through C DS, certificates of deposits or yield on accounts.
- Basically, if you're a bank, you want to pay people interest through C DS, certificates of deposits or yield on accounts.
Examples
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Variable income investments: Some variable income investments, such as certificates of deposit, offer significant protection of principal, and the value of your investment won't change with fluctuating interest rates, provided you hold your CD until maturity.
Blog text (18) -
You've got current assets, namely cash, bank accounts, certificates of deposit and so on.
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Will you purchase a Certificate of Deposit?
Academic text (1998) -
Many certificates of deposit were not recorded.
Blog text (28) -
CD stands for Certificate of Deposit.
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When your certificate of deposit matures, you usually have a window (10-15 days in many cases) of time to decide what to do next.
Blog text (10) -
Bank accounts, whether checking, savings, certificates of deposit, or money market accounts, are one of the most stable, dependable sources of asset preservation that are available.
Blog text (10) -
Short-term certificates of deposit (CDs) likewise have yields that leave much to be desired.
Blog text (10) -
And the couple has a solid financial cushion from years of smart property investments and plain vanilla savings—individual retirement accounts and certificates of deposit.
Blog text (3) -
When I got out of college, you could get a certificate of deposit at a federally insured savings and loan that would pay you 10, 11, or 12 percent—and it was guaranteed by the federal government.
Blog text (13)
Synonyms
21
3.4
A bank account that keeps money for a fixed time and pays interest
A bank account where you leave money for a fixed time to earn higher interest and cannot take out early
Antonyms
How Long-Term
- Specialized
564
4.4
- Specialized
3
4.1
50
2.3
- US
35
2.8
Surface Forms
Morphology
certificate + of + deposit
The meaning is directly and transparently derivable from 'certificate' (a formal paper) + 'of' (linking) + 'deposit' (money placed in a bank): the phrase denotes a paper related to a deposit. This noun-of-noun composition is common cross-linguistically (e.g. certificado de depósito, certificat de dépôt) and follows regular English patterns, so a B1 learner who knows the constituents can infer the meaning.
Etymology
Certificate of deposit comes from banks giving a paper, or a certificate, that showed a customer's deposit of money for a fixed time. That paper promised the bank would hold the money and pay 'interest', so the name means a bank's written promise about your deposit.