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.

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References in periodicals archive ?
Union Process offers a mini CD containing current literature, including the new brochure on its latest introduction, the DMQ-Mill small media milling system.
Union Process, a manufacturer of high performance grinding and dispersing equipment, offers a mini CD containing current literature, including the new brochure on its latest introduction, the DMQ-Mill small media milling system.
More than 6,000 copies of the glossy brochure together with 2,000 mini CD Roms will be available at county libraries, registry offices and at various wedding shows.
We are then given a file that we save and can import into our Web page, directory of houses for sale, mini CD we are sending out to clients, or just keeping in an electronic album or e-mailing to cousin Louie.