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 city also backed the loan with a $500,000 certificate of deposit.
—
Darrell Smith, Sacbee.com, 1 July 2025
Back in October 2024, the highest promotion rate for a one-year certificate of deposit was 4.75%, according to Bankrate.com data.
—Susan Tompor, USA Today, 29 Apr. 2025
That is based on a classic 60/40 portfolio comprised of the S&P 500 index and Bloomberg US Aggregate Bond Index versus cash based on Treasury bills or a certificate of deposit equivalent, according to Jack Manley, global market strategist at JPMorgan Asset Management.
—Lorie Konish, CNBC, 24 Apr. 2025
Secured personal loans, on the other hand, often require a deposit—such as a savings account or certificate of deposit—as collateral.
—True Tamplin, Forbes, 20 Mar. 2025
With these types of loans, the lender deposits the loan amount into a savings account or a certificate of deposit (CD) for a set period, usually 12 to 24 months.
—José Omar Rodríguez, Sacramento Bee, 26 Feb. 2025
Savers can still get a roughly 4% to 5% return from a money market fund, high-yield bank savings account or certificate of deposit, for example.
—Greg Iacurci, CNBC, 21 Jan. 2025
Also, municipal bonds aren’t covered by FDIC insurance the way a certificate of deposit would be.
—Liz Weston, San Diego Union-Tribune, 5 Jan. 2025
Advertisement Also, municipal bonds aren’t covered by FDIC insurance the way a certificate of deposit would be.
—Liz Weston, Los Angeles Times, 29 Dec. 2024
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Darrell Smith, Sacbee.com, 1 July 2025
Back in October 2024, the highest promotion rate for a one-year certificate of deposit was 4.75%, according to Bankrate.com data.
—Susan Tompor, USA Today, 29 Apr. 2025
That is based on a classic 60/40 portfolio comprised of the S&P 500 index and Bloomberg US Aggregate Bond Index versus cash based on Treasury bills or a certificate of deposit equivalent, according to Jack Manley, global market strategist at JPMorgan Asset Management.
—Lorie Konish, CNBC, 24 Apr. 2025
Secured personal loans, on the other hand, often require a deposit—such as a savings account or certificate of deposit—as collateral.
—True Tamplin, Forbes, 20 Mar. 2025
With these types of loans, the lender deposits the loan amount into a savings account or a certificate of deposit (CD) for a set period, usually 12 to 24 months.
—José Omar Rodríguez, Sacramento Bee, 26 Feb. 2025
Savers can still get a roughly 4% to 5% return from a money market fund, high-yield bank savings account or certificate of deposit, for example.
—Greg Iacurci, CNBC, 21 Jan. 2025
Also, municipal bonds aren’t covered by FDIC insurance the way a certificate of deposit would be.
—Liz Weston, San Diego Union-Tribune, 5 Jan. 2025
Advertisement Also, municipal bonds aren’t covered by FDIC insurance the way a certificate of deposit would be.
—Liz Weston, Los Angeles Times, 29 Dec. 2024
Cite this Entry
“Certificate of deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/certificate%20of%20deposit. Accessed 29 Jul. 2025.
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