certificate of deposit
1 A certificate from a bank acknowledging the receipt of money and a promise to repay it at a specified time and with interest determined at a specified rate. 2 A bank document evidencing a time deposit. Abbreviated C.D
1 A certificate from a bank acknowledging the receipt of money and a promise to repay it at a specified time and with interest determined at a specified rate. 2 A bank document evidencing a time deposit. Abbreviated C.D