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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 ?
This is an extremely contagious disease that kills chickens and other birds; some birds are more susceptible than others.
Doctors at Al Tahrir Teaching Hospital and the Basra Children's Hospital reported seven and four cases of the highly contagious disease respectively.
Organizers of the Sunday race said they made the request to Sun and another unnamed Chinese female runner to dispel fears that other participants might have about the contagious disease, since there is no way of knowing whether the two are infected.
And, as everyone now realizes, anthrax is not ord inarily a contagious disease. It may be spread in other ways, like the postal service or airborne aerosols, but an outbreak of anthrax hardly merits mass quarantining and police-state powers.
In a 1978 dissent involving a Missouri gay student group suing for the right to campus standing, Rehnquist reasoned that gays were like people with a contagious disease, and that the government had every right to discriminate against them to protect the public.
From a Christian Ghetto: Letters of Ghostly Wit views the 20th century church from the perspective of 500 years in the future when Christianity is a subversive contagious disease to be eradicated by torture and execution, its adherents banished to underground ghettos.
The government has burned more than 200,000 animals, including this livestock at a farm in Scotland, to contain the highly contagious disease, which can kill animals but poses little danger to humans.
The ban will be lifted when the ministry confirms there is no danger of outbreaks of the contagious disease.
Among those in the front line fighting the contagious disease are lay missionaries and priests, the majority from Italy.
Chickenpox -- also known as varicella -- is a very contagious disease that is caused by a virus.
Each flue was to be separately routed to avoid the spread of contagious disease. Brick provided the economy and constructional flexibility Thomson required but, as the scheme was for the Town Council, some facade embellishment in stone was probably required.

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