certificate of deposit
noun phrase
: a money-market bond of a preset face value paying fixed interest and redeemable without penalty only on maturity
Examples of certificate of deposit in a Sentence
Recent Examples on the Web
For now, top-yielding online savings accounts and one-year certificate of deposit rates pay more than 4%, according to Bankrate, well above the rate of inflation.
—
Jessica Dickler, CNBC, 17 Sep. 2025
The city also backed the loan with a $500,000 certificate of deposit.
—Darrell Smith, Sacbee.com, 1 July 2025
Back in October 2024, the highest promotion rate for a one-year certificate of deposit was 4.75%, according to Bankrate.com data.
—Susan Tompor, USA Today, 29 Apr. 2025
Secured personal loans, on the other hand, often require a deposit—such as a savings account or certificate of deposit—as collateral.
—True Tamplin, Forbes, 20 Mar. 2025
With these types of loans, the lender deposits the loan amount into a savings account or a certificate of deposit (CD) for a set period, usually 12 to 24 months.
—José Omar Rodríguez, Sacramento Bee, 26 Feb. 2025
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Jessica Dickler, CNBC, 17 Sep. 2025
The city also backed the loan with a $500,000 certificate of deposit.
—Darrell Smith, Sacbee.com, 1 July 2025
Back in October 2024, the highest promotion rate for a one-year certificate of deposit was 4.75%, according to Bankrate.com data.
—Susan Tompor, USA Today, 29 Apr. 2025
Secured personal loans, on the other hand, often require a deposit—such as a savings account or certificate of deposit—as collateral.
—True Tamplin, Forbes, 20 Mar. 2025
With these types of loans, the lender deposits the loan amount into a savings account or a certificate of deposit (CD) for a set period, usually 12 to 24 months.
—José Omar Rodríguez, Sacramento Bee, 26 Feb. 2025
Cite this Entry
“Certificate of deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/certificate%20of%20deposit. Accessed 4 Nov. 2025.
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