(redirected from compact disk)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

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 ?
To order a copy of the compact disk, contact Janie Campbell, at (800) 7220727 or DSN 826-4313; or e-mail campbelm@tea-emh1.
is a leading provider of network management software to the emerging Compact Disk (CD) server market.
Big Hand, an interactive media producer and publisher, designs and develops award-winning interactive programs for the consumer, education and corporate markets on compact disk and interactive television systems.
CDI) to develop and market a digital printing system for printing on compact disks.
The program will enable more than 900,000 youth baseball and softball players to sell the $10 MusicCards, which enable the cardholders to purchase compact disks through the Compact Connection e-commerce Internet site at below market prices.

Full browser ?