time deposit
Fixed-term account
A time deposit is money placed in a bank account that cannot be withdrawn before a specified date without penalty.
Unlike checking or savings accounts, time deposits lock funds for a fixed term—typically months or years—in exchange for higher interest rates.
Certificates of deposit (CDs) are the most common type: The six-month time deposit pays 4.5% annually.
Optical data disc
- bank accountFinancial storage for funds
- savings accountInterest-bearing bank holding
- account holderOne with bank access
- financial institutionCompany managing money services
FDIC · minimum balance · rollover · renewal · automatic renewal · grace period · withdrawal limit · penalty
Chief school administrator
- capitalWealth used for investment
- assetItem of value owned
- portfolioCollected works or assets
- diversificationExpanding into varied areas
liquidity · fixed income · low-risk · retirement planning · safe haven · capital preservation · opportunity cost
Fixed period or word
- maturity dateWhen debt must repay
- due dateWhen payment is required
- expirationEnd of validity
- short-termOf limited duration
long-term · duration · five-year · redemption · payout · callable · maturation · holding period
Cost of borrowing money
- yieldProduce or relinquish
- annual percentage rateYearly cost of borrowing
- APRYearly borrowing cost
- compound interestReturns on reinvested earnings
accrual · fixed rate · variable rate · earnings · return · interest-bearing · capitalization · basis points
CD
Optical data disc
- bank accountFinancial storage for funds
- savings accountInterest-bearing bank holding
- account holderOne with bank access
financial institution · FDIC · minimum balance · rollover · renewal · automatic renewal · grace period · withdrawal limit · penalty · early withdrawal penalty
principal
Chief school administrator
diversification · liquidity · fixed income · low-risk · retirement planning · safe haven · capital preservation · opportunity cost
term
Fixed period or word
- maturity dateWhen debt must repay
- due dateWhen payment is required
- expirationEnd of validity
short-term · long-term · duration · five-year · redemption · payout · callable · maturation · holding period
interest rate
Cost of borrowing money
- yieldProduce or relinquish
- annual percentage rateYearly cost of borrowing
- APRYearly borrowing cost
compound interest · accrual · fixed rate · variable rate · earnings · return · interest-bearing · capitalization · basis points · rate lock
- savingssavings account, piggy bank, online savings, savings bonds, savings plan
- accountsbank account, checking account, savings account, joint account, personal account
- depositsCD, FDIC insurance
- Bank DepositsCD, maturity date, interest rate, principal, rollover
- fixed-term arrangementslease, rental, tenancy, contract, agreement
- Time DepositsCD
time depositchecking account
Bank deposit for transactions
current account · savings account · liquid assets · cash on hand · money market account
time, times, timed, timing, timer, timers, timely, untimely, overtime