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certificate of deposit (CD)

n. a document issued by a bank in return for a deposit of money which pays a fixed interest rate for a specified period (from a month to several years). Interest rates on CD's are usually higher than savings accounts because banking institutions require a commitment to leave money in the CD for a fixed period of time. Often there is a financial penalty (fee) for cashing in a CD before the pledged time runs out.

References in periodicals archive ?
Sadly its feature list didn't have functions such as CD Text, disc titling and crucially, CD-R, CD-RW and MP3 capability.
Wired Remote Control with Backlit LCD Display: Gives quick access to the playback controls and displays playback list and MP3/WAV music titles in ID3 tag format, or CD Text information if encoded onto an audio CD.
There's also double-speed recording, surround sound and CD text to navigate its way through your SClub7 back catalogue.
Features: FM/AM tuner with RDS, 25W x2 amplifier power rating, front- loading CD with CD text and single auto reverse cassette deck.
The ability to read CD-Audio, CD-ROM, CD-ROM XA, CD-I, Photo CD, CD-R, CD-RW, Video CD, CD Extra, and CD TEXT
Below the window are the peak search, open/close, scroll, and CD text buttons.
Many equations presented in the CD text are "active," which means that clicking on them allows the user to plot dependent variables as functions of independent variables based on parameter values.