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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 ?
Anderson, president of the Defense Acquisition University, and I agreed to establish a DAU satellite office at Eglin to better support the AAC acquisition workforce.
If an AAC system is in training, then according to the progress of the user, HAPPY will hint at the possibility of modifying the percentages of occurrence of signs that do not belong to the AAC system that is in training.
The AAC family of audio codecs is used in broadcasting systems worldwide, including Japan and Brazil's ISDB broadcast standards.
I understand how people might use AAC as an alternative to speech, but what about people who supplement speech with AAC?
Beginning in July 2004, the AAC will launch a new approach to developing its officer corps.
Specifically, the complaint seeks to enjoin AFG from removing "assets from AAC without fair consideration at a time when AAC is failing to pay its policyholders' claims as they come due and AFG has publicly declared that it is likely to file its own bankruptcy proceedings under the United States Bankruptcy Code in the near future.
The investigation concerns whether AAC and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and/or breached their fiduciary duties to the AAC's shareholders.
He and his Eglin leadership team set out to ensure that "the AAC workforce can make smart business decisions, deliver superior products, and provide agile combat support to the warfighter.
SAN FRANCISCO -- Via Licensing Corporation today announced a comprehensive update to its Advanced Audio Coding (AAC) joint patent licensing program which enables licensees to secure rights to MPEG-2 AAC, MPEG-4 AAC, MPEG-4 High Efficiency AAC (HE AAC), and for the first time, HE AAC v.
19, 2015 /PRNewswire/ -- Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of AAC Holdings, Inc.
For casual listening, HD-AAC files conveniently play on existing AAC devices.