1 definition by some rich guy.

CD

Can also mean Certificate of Deposit, or a type of bank account that is stored for a certain period of time called the maturation period, and cannot be accessed until that time period is over. It also has a fairly high interest rate.

I put $10,000 in a 1-year CD, and I got $12,115 after it matured.

by some rich guy. August 28, 2003