Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A time deposit usually having a term of less than five years and paying a fixed rate of interest.
- noun A certificate from a bank stating that the named party has a specified sum on deposit.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun A type of
bank account representing atime deposit , which is insured, with a specific, fixedterm , and, usually, a fixed interest rate. - noun The certificate issued to the
holder of such an account, verifying that he owns it.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a debt instrument issued by a bank; usually pays interest
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