CD

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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 ?
uk Tnni it w t if Old school ION PROFILE LP USB TURNTABLE pounds 79.
The USB Turntable iTT 05 is an innovative record deck that allows you to take your vinyl and convert them via your PC into MP3, WAV or WMA digital files, or simply copy them to a CD.
This is our second time participating in the Silvers Summit at CES and we couldn't be more excited," said Sigal, Myine's founder and CEO, and the inventor of the USB turntable.