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Certificate of deposit or CD is a time deposit. This means it is a money deposit that can't be withdrawn during a certain period of time.
They are commonly offered to consumers by banks, thrift instititions or credit bankers as an acting financial product.
CD's are similar to savings accounts in that they are risk free and will never go anywhere but only have a fixed time that they can be held and have a fixed interest rate.
What else can I help you with?
What is the plural of certificate of deposit?
Certificates of deposit.
What are the ratings and certificates for The Deposit - 2010?
The Deposit - 2010 is rated/received certificates of: Australia:M
What are certificats that represent money?
Certificates that represent money are financial instruments that serve as proof of ownership or entitlement to a specific amount of money or assets. These include certificates of deposit (CDs), which are time deposits offered by banks, and treasury bills (T-bills), which are short-term government securities. Other examples are money market certificates and bearer bonds, which represent a claim to cash or other financial assets. These certificates can be traded or redeemed, providing liquidity and security to investors.
Certificates that represent money?
Certificates that represent money are financial instruments that signify ownership of a specific amount of currency or assets. Common examples include certificates of deposit (CDs), which are time deposits offered by banks, and treasury bills (T-bills), which are short-term government securities. These certificates typically pay interest and can be redeemed for their face value upon maturity, making them popular choices for investors seeking safety and liquidity.
Where can you find certificates of deposit?
The bank will give you one every time you make a deposit, if you need a copy of your deposit then talk to your bank. They keep all deposit slips on file for you to have.
How can I purchase certificates of deposit?
To purchase certificates of deposit, you can visit a bank or credit union and ask about their CD options. You will need to provide identification and funds to open the account. The bank will then issue you a certificate confirming your deposit and the terms of the CD.
Where can certificates of deposit rates be compared?
Certificates of deposit rates or CD rates can be compared by visiting the banks that provide them or at the online banks that provide them. One can then decide which rate is right for them.
What are the ratings and certificates for Seinfeld - 1989 The Bottle Deposit 7-20?
Seinfeld - 1989 The Bottle Deposit 7-20 is rated/received certificates of: Canada:PG (video rating)
What is the minimum maturity on Certificates of Deposit in India?
7 days
Where could a person find the interest rates for certificates of deposit?
A person could the interest rates for certificates of deposit by using an interest rate calculator where the amount of the deposit is entered into an equation and the end result will be how much interest will be earned for the term you want.
Which banks in Omaha, NE offer the best rates for fdic insured certificates of deposit?
The First National Bank of Omaha offers best rates for fdic insured certificates of deposit.
What is the highest rate for certificates of deposit?
The highest rate of Certificates of Deposit or CD according to Bankaholic website as of July 2012 is 0.290% in Ally Bank's which is compounded daily and is good for 3 months.
