CD

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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.

CD

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.

CD

See certificate of deposit.
References in periodicals archive ?
Oh yes, the USB Turntable truly is the holy grail of gadgets: slightly inane, certainly nostalgic, yet somehow very, very cool.
With this sleek and stylish USB turntable you can dust down your 33's, 45's or 78's and transfer them to digital files to save onto your computer, to download to your MP3 player, or copy to space saving CD's in a matter of minutes.
This is our second time participating in the Silver Summit at CES and we couldn't be more excited," said Jake Sigal, 28-year-old Founder and CEO of the Ferndale, Michigan based company Myine Electronics and inventor of the USB turntable.
But grandfather of hi-fi Denon has pulled on a baseball cap with a distinctly modern USB turntable.