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  2. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. CDs require a minimum deposit and may offer higher ...

  3. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    A variable-rate CD — also called a flex CD — is a type of certificate of deposit with an interest rate that can fluctuate periodically over the term of the CD based on market conditions.

  4. Tax considerations for certificate of deposit (CD) investors

    www.aol.com/finance/tax-considerations...

    Certificates of deposit (CDs) provide a safe place to earn a fixed return on your money, but any interest earned totaling $10 or more is generally taxable and must be reported to the IRS.

  5. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    Automatic transfer service account A deposit account that allows the transfer of funds from a savings account to a checking account in order to cover a check written or to maintain a minimum balance. 8 Short term deposit account An account where deposits are held for no longer than a year. [2]

  6. Certificate of Deposit (CD): What It Is and Whether It’s ...

    www.aol.com/finance/certificate-deposit-cd...

    A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you. Certificate of Deposit (CD): What It Is and ...

  7. Deposit slip - Wikipedia

    en.wikipedia.org/wiki/Deposit_slip

    The description column on deposit slips has been used for over 100 years in the U.S. to notate where the bank should send the check to reclaim the money; this was done at first by notating in words the name of bank or its location. [9] The bank's transit number, also called bank number, began to be used instead of words.

  8. What is a CD (certificate of deposit)? - AOL

    www.aol.com/finance/cd-certificate-deposit...

    A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the CD’s term expires ...

  9. Transaction deposit - Wikipedia

    en.wikipedia.org/wiki/Transaction_deposit

    In the United States, transaction deposit is a term used by the Federal Reserve for checkable deposits and other accounts that can be used directly as cash without withdrawal limits or restrictions. Such demand deposits are subject to reserve requirements imposed by the central bank that require the bank to keep reserves at the central bank.