CERTIFICATE OF DEPOSIT

IPA (US):

 Dictionary entry overview: What does certificate of deposit mean? 

• CERTIFICATE OF DEPOSIT (noun)
  The noun CERTIFICATE OF DEPOSIT has 1 sense:

1. a debt instrument issued by a bank; usually pays interest

  Familiarity information: CERTIFICATE OF DEPOSIT used as a noun is very rare.

 Dictionary entry details 

• CERTIFICATE OF DEPOSIT (noun)

Sense 1

Meaning:

A debt instrument issued by a bank; usually pays interest

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

CD; certificate of deposit

Hypernyms ("certificate of deposit" is a kind of...):

certificate of indebtedness; debt instrument; obligation (a written promise to repay a debt)

Hyponyms (each of the following is a kind of "certificate of deposit"):

time deposit (a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date)