certificate of deposit (Meaning)

Wordnet

certificate of deposit (n)

a debt instrument issued by a bank; usually pays interest

No Synonyms and anytonyms found

After inheriting a sum of money, he decided to invest it in a certificate of deposit to earn a higher interest rate.
The bank offered a competitive interest rate on their certificate of deposit accounts.
She opted for a certificate of deposit as a safe investment option for her retirement savings.
The financial advisor recommended diversifying her portfolio by including a certificate of deposit among her investments.
He renewed his certificate of deposit for another term to continue earning interest on his savings.
The certificate of deposit matured after five years, and she received a lump sum payment with accrued interest.
The bank required a minimum deposit amount to open a certificate of deposit account.
Investors often choose a certificate of deposit for its fixed interest rate and predictable returns.
The certificate of deposit provided a guaranteed return on investment, offering peace of mind to the investor.
She reinvested the proceeds from her matured certificate of deposit into a new account to continue growing her savings.

a debt instrument issued by a bank; usually pays interest

No synonyms found.

No antonyms found.

After inheriting a sum of money, he decided to invest it in a certificate of deposit to earn a higher interest rate.

The bank offered a competitive interest rate on their certificate of deposit accounts.

She opted for a certificate of deposit as a safe investment option for her retirement savings.

The financial advisor recommended diversifying her portfolio by including a certificate of deposit among her investments.