The-definition.com

Definition

Certificates of deposit (CDS)

Certificates of deposit (CDS) means bank obligations that pay higher interest than regular savings accounts because the depositor agrees to leave the money on deposit for a certain length of time.

Share it:  Cite

More from this Section

  • Plowback Ratio
    The Plowback Ratio is a fundamental and technical metric that determines how so much profit ...
  • Freight Forwarder
    Freight Forwarder is assembling and consolidates small shipments into a single lot and ...
  • Re-invoicing center
    Re-invoicing center refers to a financial subsidiary used by a multinational firm to reduce ...
  • Other-than-collision loss
    Other-than-collision loss is a part of the coverage available under Part D: Coverage for ...
  • Bankruptcy or insolvency
    Bankruptcy or insolvency is the state of being unable to pay one’s creditors claims ...