Skip to main content
Options and Futures

Certificate of Deposit (CD)

A certificate of deposit (CD) is a type of time deposit that has a fixed maturity date. This means that the funds cannot be withdrawn until the maturity date has been reached. In exchange for this restriction, the financial institution typically offers a higher interest rate on the CD compared to a regular savings account. CDs are a popular investment option for those looking for a safe and stable way to earn interest on their funds. However, it is important to carefully consider the length of the maturity date, as withdrawing funds before the date can result in penalties.

Related terms

Holder

Understand the meaning and definition of Holder in the context of stock market, trading, and investments.

MORE
High

Understand the meaning and definition of High in the context of stock market, trading, and investments.

MORE
Buy On Opening

Understand the meaning and definition of Buy On Opening in the context of stock market, trading, and investments.

MORE
Hedger

Understand the meaning and definition of Hedger in the context of stock market, trading, and investments.

MORE
Offer

Understand the meaning and definition of Offer in the context of stock market, trading, and investments.

MORE
Call

Understand the meaning and definition of Call in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.5 Cr+ happy customers
+91