Answer for "What is a CD?"

Maria Parker real estate agent
  Real Estate Gods Way Llc

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed rate of interest. CDs are offered by financial institutions such as banks, and are often offered by Insurance Agencies. Note: Insurance agencies often offer better interest rates then normal financial institutions such as banks, so compare rates before Investing!


Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

Related Insurance Questions

 

Related Insurance Glossary Terms