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certificate of deposit

NOUN
  1. a debt instrument issued by a bank; usually pays interest

How To Use certificate of deposit In A Sentence

  • In fact, no such bearer certificate of deposit was ever obtained, but the moneys were released in circumstances in which it was held that both the Perpetual companies and Minters were acting in breach of trust.
  • Don't just sock away this money under your mattress; put it in a high-interest online savings account, a certificate of deposit or a money market account.
  • A Certificate of Deposit remains one of the safest investments.
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