certificate of deposit
noun phraseDefinition of certificate of deposit
: a money-market bond of a preset face value paying fixed interest and redeemable without penalty only on maturity
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“Certificate of deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/certificate%20of%20deposit. Accessed 18 Jan. 2022.
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Time Traveler for certificate of deposit
The first known use of certificate of deposit was in 1846
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