noun
a debt instrument issued by a bank; usually pays interest
• Syn: ↑CD
• Hypernyms: ↑debt instrument, ↑obligation, ↑certificate of indebtedness
• Hyponyms: ↑time deposit
* * *
noun, pl certificates of deposit [count]
chiefly US : an official document in which a bank promises to pay a specified amount of interest when you deposit money in the bank for a specified period of time — called also CD
Useful english dictionary. 2012.