certificate of deposit
noun phrase
: a money-market bond of a preset face value paying fixed interest and redeemable without penalty only on maturity
Examples of certificate of deposit in a Sentence
Recent Examples on the Web
The window for securing a top-notch rate on a certificate of deposit (CD) may soon close, according to The New York Times.
—
Becca Stanek, theweek, 17 Jan. 2024
With treasury, money market and certificate of deposit yields north of 5% last year, a decent return could be made with very little risk.
—Allen Buchanan, Orange County Register, 24 Feb. 2024
Many are continuing to spend, particularly on travel and entertainment, or are moving their cash out of traditional checking and savings accounts to other investments, such as certificate of deposit accounts, to take advantage of rising interest rates.
—Abha Bhattarai, Washington Post, 25 Jan. 2024
Billions of dollars in cash are pouring into one of the most staid investments, the certificate of deposit, though many savers aren’t unlocking their full potential.
—Oyin Adedoyin, wsj.com, 24 Apr. 2023
Valley said the city has $100,000 in a certificate of deposit that can be cashed and used for the repairs.
—Bill Bowden, Arkansas Online, 3 July 2023
Becca Stanek, theweek, 17 Jan. 2024
With treasury, money market and certificate of deposit yields north of 5% last year, a decent return could be made with very little risk.
—Allen Buchanan, Orange County Register, 24 Feb. 2024
Many are continuing to spend, particularly on travel and entertainment, or are moving their cash out of traditional checking and savings accounts to other investments, such as certificate of deposit accounts, to take advantage of rising interest rates.
—Abha Bhattarai, Washington Post, 25 Jan. 2024
Billions of dollars in cash are pouring into one of the most staid investments, the certificate of deposit, though many savers aren’t unlocking their full potential.
—Oyin Adedoyin, wsj.com, 24 Apr. 2023
Valley said the city has $100,000 in a certificate of deposit that can be cashed and used for the repairs.
—Bill Bowden, Arkansas Online, 3 July 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'certificate of deposit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near certificate of deposit
Cite this Entry
“Certificate of deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/certificate%20of%20deposit. Accessed 23 Apr. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share