NOUN | possession | certificate of deposit, CD | a debt instrument issued by a bank |
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Meaning | A debt instrument issued by a bank; usually pays interest. | |
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Synonym | CD | |
Narrower | time deposit | A certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date |
Broader | debt instrument, obligation, certificate of indebtedness | A written promise to repay a debt |
Spanish | certificado de depósito | |
Catalan | CD |
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