A type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate
Short-term investments issued by banks that pay fixed principal and interest over a specified period of time Unlike mutual funds, CDs are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $100,000 CDs are subject to fluctuating rollover rates and early withdrawal penalties See also Federal Deposit Insurance Corporation (FDIC)
A certificate of deposit or CD is a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited The certificate guarantees to repay your principal - the amount you deposited - with interest on a specific maturity date The amount of interest you receive depends on prevailing interest rates, the length of maturity and how much you deposited There are often significant penalties for early withdrawal of your money CDs are insured by the Federal Deposit Insurance Corporation (FDIC) That makes your investment safe from everything but inflation and a raging bull market See "CDs: Low Risk, Low Return " BACK TO TOP
a certificate from a bank stating that a customer, such as a union, has a specific sum on deposit which will earn a specific rate of interest for a specific period of time
(CDs) A certificate given to someone who agrees to deposit a certain amount of money in a bank for a specific period of time, often several months or years In exchange, the bank pays the depositor interest on the money <top>
A form of time deposit at a bank or savings institution which cannot be withdrawn before a specified maturity date without being subject to an interest penalty for early withdrawal Small-denomination CDs are often purchased by individuals Large CDs of $100,000 or more are often in negotiable form, meaning they can be sold or transferred among holders before maturity [FRBSF] A form of time deposit at a bank or savings institution; a time deposit cannot be withdrawn before a specified maturity date without being subject to an interest penalty for early withdrawal Small-denomination CDs are often purchased by individuals Large CDs of $100,000 or more are often in negotiable form, meaning they can be sold or transferred among holders before maturity [FRBC][FRBM] (see also bank, interest)
A document written by a bank or other financial institution that is evidence of a deposit, with the issuers promise to return the deposit plus earnings at a specified interest rate within a specified time period
a type of investment that requires you to invest money for a certain length of time and guarantees the same rate of return (interest) for that entire time CDs usually require a minimum deposit
A certificate issued for a deposit made at a banking institution The bank agrees to pay a fixed interest rate for the specified period of time, and repays the principal at the maturity CDs can be purchased directly from the banking institution or through a securities broker
This is a type of savings account You invest your money for a specific time period at a certain interest rate Report any interest you earn on a CD on Form 40S, line 9a
An insured bank product that pays a fixed rate of interest (e g , 5%) for a specified period of time
An instrument issued by a bank or other financial institution that is evidence of a type of savings deposit The document includes the institution's promise to return the deposit plus earnings at a specified interest rate within a specified time period
A promissory note issued by a bank in which the bank promises to repay money it has received, plus interest, at a time certain
A certificate, usually negotiable, evidencing an interest-bearing time deposit with a bank; a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited A CD usually bears a maturity date and interest rate
A receipt for a deposit of funds in a financial institution that permits the holder to receive interest plus the deposit at maturity
document which shows that a deposit has been made, certificate which shows that money has been deposited in the bank
Represent formal evidence of indebtedness, issued by a bank, subject to withdrawal under the specific terms of the instrument Often issued in $10,000 and $100,000 denominations, they normally mature in 30 to 360 days and generally pay interest at the short-term interest rate in effect at date of issuance
Also called a time deposit this is a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited A CD has a maturity date and a specified interest rate, and can be issued in any denomination The duration can be up to five years
An investment which allows a bank to have the use of depositors' money for a set period of time in exchange for a specified interest payment CDs are most notable because their interest rate and the return of principal is guaranteed and insured by the US government (Unlike mutual funds, which are neither insured nor guaranteed by the US government ) CD maturities range from under a month to several years