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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 ?
pounds 79.99 from ThiS uSB turntable (pictured right) plays and converts vinyl of all sizes and speeds to digital.
Ion USB Turntable If you simply want to get your music off the vinyl and onto a more convenient format then it's hard to beat this reasonably-priced player.
At (0844 736 2705), we found the Project Debut III turntable for pounds 154.13 and also the Ion TTUSB05 USB Turntable and Vinyl Archiver for pounds 78.25.