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Meaning of certificate of deposit | Babel Free

Noun CEFR C1

Definitions

  1. A time deposit offered by a bank or credit union, wherein the depositor commits a fixed sum of principal for a predetermined maturity period, in exchange for a guaranteed interest rate higher than that of a standard savings account.
  2. The certificate issued to the holder of such an account, verifying its ownership.

Equivalents

العربية شَهَادَة إِيدَاع شَهَادَة اِدِّخَار
Čeština depozitní certifikát
Deutsch Anlegerzertifikat Depotquittung Depotschein Einlagenschein Einlagenzertifikat Einlagezertifikat Hinterlegungsbescheinigung
Suomi sijoitustodistus talletustodistus
Français récépissé de dépôt

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

certificate of good conduct Certificate of Need certificate of no criminal conviction Certificated certificatelessness Certificates

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