certificate of deposit

certificate of deposit

English

Noun

certificate of deposit (plural certificates of deposit)

1. A type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate.
2. The certificate issued to the holder of such an account, verifying that he owns it.

Translations

type of time-deposit account

Czech: depozitní certifikát m Norwegian: Bokmål: depositumssertifikat n, innskuddssertifikat n, innskuddsbevis n

certificate

Tagalog: katibayan ng lagak

Further reading

• certificate of deposit on Wikipedia.Wikipedia