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
For instance, opening a high-yield savings account or a certificate of deposit (CD) only takes a bit of research up front, plus some time invested in opening the account.
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Becca Stanek, theweek, 29 Aug. 2024
If so, keep that amount in a high yield savings account, a money market account, or a short-term certificate of deposit.
—Jennifer Morris, The Mercury News, 8 July 2024
Bread Financial , once home of the 5.25% yield on a 1-year certificate of deposit, has dialed back its rate.
—Darla Mercado, Cfp®, CNBC, 26 July 2024
Now, on to something more business-y. For the kitchen-table investor with a little money to spare, now might be an ideal time to consider investing in a certificate of deposit.
—Daniel De Visé, USA TODAY, 26 June 2024
For instance, as of March 31, 2023, the national average rate for a one-year certificate of deposit with $10,000 was 2.28% for credit unions and 1.74% for banks.
—Jasmine Browley, Essence, 15 June 2024
The window for securing a top-notch rate on a certificate of deposit (CD) may soon close, according to The New York Times.
—Becca Stanek, theweek, 17 Jan. 2024
With treasury, money market and certificate of deposit yields north of 5% last year, a decent return could be made with very little risk.
—Allen Buchanan, Orange County Register, 24 Feb. 2024
Many are continuing to spend, particularly on travel and entertainment, or are moving their cash out of traditional checking and savings accounts to other investments, such as certificate of deposit accounts, to take advantage of rising interest rates.
—Abha Bhattarai, Washington Post, 25 Jan. 2024
Becca Stanek, theweek, 29 Aug. 2024
If so, keep that amount in a high yield savings account, a money market account, or a short-term certificate of deposit.
—Jennifer Morris, The Mercury News, 8 July 2024
Bread Financial , once home of the 5.25% yield on a 1-year certificate of deposit, has dialed back its rate.
—Darla Mercado, Cfp®, CNBC, 26 July 2024
Now, on to something more business-y. For the kitchen-table investor with a little money to spare, now might be an ideal time to consider investing in a certificate of deposit.
—Daniel De Visé, USA TODAY, 26 June 2024
For instance, as of March 31, 2023, the national average rate for a one-year certificate of deposit with $10,000 was 2.28% for credit unions and 1.74% for banks.
—Jasmine Browley, Essence, 15 June 2024
The window for securing a top-notch rate on a certificate of deposit (CD) may soon close, according to The New York Times.
—Becca Stanek, theweek, 17 Jan. 2024
With treasury, money market and certificate of deposit yields north of 5% last year, a decent return could be made with very little risk.
—Allen Buchanan, Orange County Register, 24 Feb. 2024
Many are continuing to spend, particularly on travel and entertainment, or are moving their cash out of traditional checking and savings accounts to other investments, such as certificate of deposit accounts, to take advantage of rising interest rates.
—Abha Bhattarai, Washington Post, 25 Jan. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'certificate of deposit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near certificate of deposit
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“Certificate of deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/certificate%20of%20deposit. Accessed 1 Oct. 2024.
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