Definitions

certificate of deposit

NOUN

government insured debt instrument

Synonyms

STRONGEST

time deposit

WEAK

CD certificate credit memorandum credit slip deposit slip term CD

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

It may not make sense to prepay a 3% mortgage when you can earn 5% on a certificate of deposit, for example.

From Los Angeles Times • Apr. 28, 2024

So they asked guests at their 2022 wedding to contribute to their savings, currently in a certificate of deposit, as they work towards buying a dream home with a porch in her native New England.

From Reuters • Aug. 10, 2023

For instance, in the last quarter of 2022, the national average rate for a five-year certificate of deposit was 2.33%, compared with 1.58% at banks, according to that same data set extracted by the NCUA.

From Seattle Times • Mar. 7, 2023

But with inflation still high, I bonds will continue paying significantly more than a savings account or certificate of deposit even after the rate resets in November.

From Washington Post • Oct. 14, 2022

Why!" she said, in her own voice, and frowning sharply, "that certificate of deposit!

From The Iron Woman by Deland, Margaret Wade Campbell