6 lines
465 B
Markdown
6 lines
465 B
Markdown
# Certificate Deposit
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A certificate of deposit or CD is a type of [financial asset](financial-asset.md) 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 The issuer of a CD to be held until maturity, at which time they can be withdrawn and interest paid.
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See also [deposit](deposit.md), [assets](assets.md), and [financial asset](financial-asset.md).
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## References |