Akademik

time deposit
A deposit with a specific maturity. Usually, but not always, a certificate of deposit. American Banker Glossary
————
Interest-bearing deposit at a savings institution that has a specific maturity. Related: Certificate of deposit . Bloomberg Financial Dictionary

* * *

   ► See CD.

* * *

time deposit UK US noun [C] (also fixed deposit) BANKING, FINANCE
a financial arrangement in which you put money in a bank account to earn interest for a fixed period of time: »

They offer 2.7% on a one-year time deposit and 3.2% for a five-year time deposit.


Financial and business terms. 2012.