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2. Certificate of deposit - Wikipedia

   en.wikipedia.org/wiki/Certificate_of_deposit

   A certificate of deposit ( CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. The bank expects the CDs to be held until maturity ...

3. How do certificates of deposit work? Understanding CDs ... - AOL

   www.aol.com/finance/how-do-cds-work-220139365.html

   A certificate of deposit — or CD — is a type of deposit account that allows you to grow your savings at higher rates than a traditional savings account. Offered by big-name and digital banks ...

4. What Is a CD (Certificate of Deposit)? - AOL

   www.aol.com/finance/cd-certificate-deposit...

   A certificate of deposit is a safe, income-generating investment that earns interest for a set period of time, also known as a term. The term is the length of time you agree to leave your money ...

5. What Are Certificates of Deposit (CDs) And How They Work - AOL

   www.aol.com/finance/certificates-deposit-cds...

   A certificate of deposit is a savings account that holds a fixed amount of money for a certain time, such as six months, one year or five years. During that time, your deposit earns a fixed ...

6. Deposit account - Wikipedia

   en.wikipedia.org/wiki/Deposit_account

   A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded ...

7. Time deposit - Wikipedia

   en.wikipedia.org/wiki/Time_deposit

   Banking. A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a guaranteed investment certificate in Canada) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its "term". Time deposits differ from at call deposits, such as savings ...