Answer for "What is a CD?"
Century 21 Jim White &. Associates
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.