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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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Optical Disc Archive, launched in 2013, is widely used by broadcasters, sports organizations, corporations, schools and production companies.
The analyst added that major players in the recordable optical disc market are dedicated to invest into research and development (R&D) activities.
Sony Corporation and Panasonic Corporation have announced the "Archival Disc", a new standard for professional-use, next-generation optical discs, with the objective of expanding the market for long-term digital data storage.
Sony developed its Optical Disc Archive solutions as a reliable, easy-to-operate and cost-effective system of archiving, so customers can ensure the long-term preservation of their valuable media assets.
Sony is working towards solutions that integrate the Dalet Media Life MAM software with the Optical Disc Archive product line.
The company, a joint venture between Hitachi and LG Electronics, rigged bids on optical disc drive sales to Dell and Hewlett-Packard, and fixed prices on drives sold to Microsoft, according to a 15-count felony charge filed with the U.
Research and development in optical disc technology with even larger storage capacity, as well as mass production technology, are also moving forward with high expectation.
DVDs are casting a new light on optical discs - quite literally, since new generations of high-density disc players are expected to use blue-green lasers with shorter wavelengths in order to read the smaller pits of new higher-density data discs.
The Image Search Plus 5000 system takes advantage of the large storage capacity of an optical disc combined with the speed of a PC to eliminate the need to output computer data to microfilm or paper for storage.
Illuminating Standard for Read Only Optical Discs The National Information Standards Organization (NISO) announced the formal adoption this month of a new standard for compact read only optical discs, or CD-ROMs.

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