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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 ?
Kodak designed the new Photo CD discs to be compatible with the 80 mm CD-ROM drives likely to be found in future notebooks, laptops, and personal digital assistants (PDAs).
Huntsville, AL) and WEA Manufacturing (Olyphant, PA) can reproduce Photo CD discs quickly and efficiently to meet customer demand.
All the images used in Time's first Olympics issue were transferred to Photo CD discs at the Press Center.
Designers used images stored on Photo CD discs to route photography for approval during the creative review process.
Over 17 billion DVD and CD discs were manufactured worldwide in 2003.
For instance, most DVD and CD discs usually have one or two EAS tags on the outside of the package and one on the inside.
The software allows users to create and edit videos, burn DVDs and CDs in all popular formats, as well as watch and store home movies, photos and MP3s on either DVD or CD discs.
Kodak's strategy is to enable the broadest possible base of computer users to read and write Photo CD discs," said Fred Geyer, general manager and vice-president, Kodak CD Imaging.