A CD is a specific type of savings account (known as a time deposit account) that comes with a fixed interest rate and a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

A term deposit or time deposit is a fixed-period investment option wherein the maturity period ranges from a few months to five years. Fixed deposits are deposits or a period of a few days to 10 years ...