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CD (1)

CD (2)

The two-character ISO 3166 country code for CONGO, THE DEMOCRATIC REPUBLIC OF.

Certificate of Deposit

A deposit at a bank or other financial institution that has a fixed return (usually via an interest rate) and a set maturity. The depositor does not have access to the funds in a certificate of deposit until maturity; in exchange, he/she is usually entitled to a higher interest rate. CDs are insured by the FDIC up to a certain amount and as such are a way to increase return for no extra risk. See also: Demand deposit, Real estate certificate of deposit, Negotiable certificate of deposit.


Certificate of deposit (CD).

CDs are time deposits. When you purchase a CD from a bank, up to $100,000 is insured by the Federal Deposit Insurance Corporation (FDIC).

You generally earn compound interest at a fixed rate, which is determined by the current interest rate and the CD's term, which can range from a week to five years.

However, rates can vary significantly from bank to bank. You usually face a penalty if you withdraw funds before your CD matures, often equal to the interest that has accrued up to the time you make the withdrawal.


See certificate of deposit.
References in periodicals archive ?
But Sony said it invited a new kind of digital light oscillator that will read both DVD and CD discs, allowing it to cut the number of chips the machine needs from 11 to four, saving a big chunk of production costs.
The USB CDRW-428 model can record data or audio tracks on blank CD-R discs in less than 20 minutes, write and rewrite on CD-RW discs and read CD discs in all major formats, including CD-ROM, CD-DA and CD-I.
While not an educational title, new types of Photo CD discs have made their way onto the market.
The new drive can read, write and rewrite to HD DVD-RW discs, as well as read and write to HD DVD-R discs and standard DVD and CD discs.
Sonic MyDVD authoring software that allows users to quickly and easily transfer home videos to customized DVD-video and Video CD discs, plus video editing software for customizing video footage;
Hybrid Super Audio CD discs feature a high-density layer which can provide high-resolution, multichannel surround sound in addition to a separate two-channel stereo SACD version of the same music, and a layer with a CD version of the recording.