| / English Dictionary |
CERTIFICATE OF DEPOSIT
I. (noun)
Sense 1
Meaning:
A debt instrument issued by a bank; usually pays interest
Synonyms:
CD; certificate of deposit
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("certificate of deposit" is a kind of...):
certificate of indebtedness; debt instrument; obligation (a written promise to repay a debt)
Hyponyms (each of the following is a kind of "certificate of deposit"):
time deposit (a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date)
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