web3/concepts/cd.md

465 B

Certificate Deposit

A certificate of deposit or CD is a type of financial asset known as a time deposit. CDs are a type of debt instrument over a fixed term (often specified in years) and usually priced at a fixed interest rate. The issuer of a CD to be held until maturity, at which time they can be withdrawn and interest paid.

See also deposit, assets, and financial asset.

References