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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 ?
is introducing their CD-I Interactive Compact Disc Viewer.
This will be changing quickly; at CD-I One several booths were occupied by companies who develop discs and were looking for good ideas.
Different types of images will require different depth of color which CD-I handles in a manner more appropriate to each type:
Philips' solution to the problem of getting consumers to buy computers is CD-L CD-I will not walk, talk or act like a computer, but it will, in fact, he one, and a considerably powerful one at that.
The hardware-based obstacles to CD-I have been overcome.