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 ?
Fries, the author of ``MP3 and Internet Audio Handbook: Your Guide to Digital Music Revolution,'' hopes to clear up confusion surrounding MP3 and other digital music technologies.
It lets you play MP3s, real audio and other digital music as well as record CDs and MP3s while you listen (Windows download, $29.
Ireland Digital Music Forecast provides a comprehensive forecast of the digital music market in Ireland.
Japan Digital Music Forecast" provides a comprehensive forecast of the digital music market in Japan.
Australia Digital Music Forecast" provides a comprehensive forecast of the digital music market in Australia.
By purchasing this report, you will receive an Excel file with a datasheet for China, and an overview of key trends in the global digital music industry.
This "Digital Music Forecast of Western Europe" provides a comprehensive forecast of regional, and country-specific digital music market.
5 million paid users of digital music in Eastern Europe and that number is expected to grow to 69.
Sweden Digital Music Forecast provides a comprehensive forecast of the digital music market in Sweden.
s new report "Switzerland Digital Music Forecast for online, mobile, and subscription channels, 2010 - 2014: Retail revenue in Switzerland's digital music market to reach $87 million in 2014" to their offering.
s new report "Slovakia Digital Music Forecast for online, mobile, and subscription channels, 2010 - 2014: Retail revenue in Slovakia's digital music market to reach $17 million in 2014" to their offering.

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