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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.

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References in periodicals archive ?
Aberdeen AAC's Phoebe Armstrong should be a medal contender in the 800m, while clubmate Angela Kelly should challenge for honours in the hammer and shot.
The Acting General Secretary of AAC, Ghulam Nabi Zaki, chaired the Majlis for Esaal-e-Sawab, who on the occasion also highlighted the contributions of Molvi Mushtaq as a dedicated political and social activist.
American Addiction Centers (AAC) is a leading provider of inpatient and outpatient substance abuse treatment services.
Lucas Cairns (Inverness Harriers) was outside the medals in the under-17 boys' race when clocking 9:22.65 while Sam Griffin (Aberdeen AAC) set a PB of 9:24.40.
One of club's members, Paul White, also did Law AAC proud when he competed in the London Marathon.
For establishments such as schools, condominiums, hospitals, hotels, Starken claims that there wouldn't be any further need to soundproof the rooms as AAC blocks can isolate sound.
22, 2018 (HealthDay News) -- A computed tomography (CT)-based abdominal aortic calcification (AAC) score is a strong predictor of future cardiovascular events in asymptomatic patients, according to a study published online Oct.
On the directives of the DC the AAC Tariq Hussain conducted raids in Ghanta Ghar and its sorrounding areas and checked various shops, restaurants, cook tea sellers and others and arrested 16 persons for profiteering, selling adulterated tea leaf and a bakery for poor cleanliness condiitions.
While there are numerous studies about animal-assisted interventions, the evidence base of animal-assisted counseling (AAC), and specifically practitioner perspectives on AAC, is still developing.
11 October 2017 - US-based inpatient and outpatient substance abuse treatment services provider AAC Holdings, Inc.
The Autoclaved Aerated Concrete (AAC) blocks are becoming the preferred building products for residential, hotel, industrial structures because of its natural composition and non-toxic properties, as well as energy saving qualities, claimed Starken Philippines, the local unit of Starken AAC Malaysia.