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What is a CD in finance 2024?

Ethan Martin | 2023-05-07 10:06:37 | page views：1711
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Violet King

Studied at University of Sydney, Lives in Sydney, Australia
A certificate of deposit (CD) is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and credit unions. CDs are similar to savings accounts in that they are insured "money in the bank" and thus virtually risk free.
2023-05-13 10:06:37
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Isabella Parker

QuesHub.com delivers expert answers and knowledge to you.
A certificate of deposit (CD) is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and credit unions. CDs are similar to savings accounts in that they are insured "money in the bank" and thus virtually risk free.
Certificate of deposit - Wikipedia
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