What does CD stand for in the financial world 2024?
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Studied at the National University of Singapore, Lives in Singapore.
In personal finance, "CD" stands for "certificate of deposit," which is a special type of interest-bearing account that you can open at financial institutions such as banks, credit unions and savings and loan associations. Certificate of deposit accounts are a common alternative to standard savings accounts.
2023-05-09 10:06:13
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Julian Martinez
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In personal finance, "CD" stands for "certificate of deposit," which is a special type of interest-bearing account that you can open at financial institutions such as banks, credit unions and savings and loan associations. Certificate of deposit accounts are a common alternative to standard savings accounts.