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Definition of Certificate of deposit
1. Noun. A debt instrument issued by a bank; usually pays interest.
Specialized synonyms: Time Deposit
Generic synonyms: Certificate Of Indebtedness, Debt Instrument, Obligation
Definition of Certificate of deposit
1. Noun. A type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate. ¹
2. Noun. The certificate issued to the holder of such an account, verifying that he owns it. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Certificate Of Deposit
Literary usage of Certificate of deposit
Below you will find example usage of this term as found in modern and/or classical literature:
1. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1918)
"inent.11 But usually the form appears ¡md is. substantially as set forth above,
chased the note by giving a certificate of deposit, the court, in sustaining ..."
2. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1889)
"The drafts and the certificate of deposit were all of them signed by Hopkins,
... of $200000 to Kershaw &" Co. on the faith of the certificate of deposit, ..."
3. Forms of Pleading in Actions for Legal Or Equitable Relief: Prepared with by Austin Abbott, Carlos Coolidge Alden (1898)
"Complaint on Certificate of Deposit.1 I. [Allege defendant's corporate capacity,
as in Forma 130.] II. That on or about the day of , 18 , the defendant ..."
4. A Treatise Upon Some of the General Principles of the Law: Whether of a by William Wait (1877)
"certificate of deposit. A certificate of deposit in the ordinary form is regarded
... In a recent case it was held that a certificate of deposit issued by a ..."
5. The Law of Negotiable Instruments: Including Promissory Notes, Bills of by James Matlock Ogden (1922)
"certificate of deposit. A certificate of deposit is an instrument in the form of
a receipt given by a banker for a certain sum of money. ..."
6. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1921)
"Where a husband, at a time when he was up and about his business, deposited money
in a bank ou a certificate of deposit payable to the order of himself or ..."
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