| Certificate of Deposit - CD |
 A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified interest rate and can be issued in any denomination. CDs are generally issued by commercial banks.
|

Technically, a certificate of deposit is a promissory note on which the maker is a bank.
CDs under $100,000 are called "small CDs"; CDs for more than $100,000 are called "large CDs" or "jumbo CDs". Almost all large CDs, as well as some small CDs, are negotiable.
|

Money Market Tutorial - If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market.
Latest Money Market Quotes - Updated quotes on CDs, Bonds, T-bills, Treasuries, etc straight from the Federal Reserve website. |
|
Related Terms
 |
|