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
Getty Images/iStockphoto There are several advantageous features of a certificate of deposit (CD) account, especially in today's uncertain economic environment.
—
Matt Richardson, CBS News, 12 June 2026
Put it out of reach: Move part of your refund to an account that’s harder to access, like a certificate of deposit, which typically has withdrawal penalties.
—Bydavid Schepp, Encyclopedia Britannica, 15 May 2026
Parents can also open a saving account or certificate of deposit for their child, according to Fidelity.
—Marina Johnson, Louisville Courier Journal, 29 Jan. 2026
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Matt Richardson, CBS News, 12 June 2026
Put it out of reach: Move part of your refund to an account that’s harder to access, like a certificate of deposit, which typically has withdrawal penalties.
—Bydavid Schepp, Encyclopedia Britannica, 15 May 2026
Parents can also open a saving account or certificate of deposit for their child, according to Fidelity.
—Marina Johnson, Louisville Courier Journal, 29 Jan. 2026
Cite this Entry
“Certificate of deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/certificate%20of%20deposit. Accessed 14 Jun. 2026.
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