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Certificate of Deposit (CD)

Wall Street Mojo

Certificate of Deposit (CD) Definition A certificate of deposit (CD) is an investment instrument mostly issued by banks, requiring investors to lock in funds for a fixed term to earn high returns. The only way to withdraw the funds is by paying a penalty fee. This is usually a preferred mode of short-term investment for investors.

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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

By mandating banks to hold more capital in reserve, Basel III’s goal is to improve the stability and solvency of financial institutions, alongside reducing the possibility of bank failures during periods of economic turmoil.