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What is a term CD?

In Banking - Cds - Asked by Admin - 14 months ago

A term CD is a CD with a maturity date of a year or more.

Answered by Admin - 14 months ago

Tags: term cd , cds, cd, banking cd, investments, investing, banks, banking, what is a term cd?

Related Questions

What type of CD will allow me to withdraw money without a penalty?

In Banking - Cds - Asked by Admin - 8 months ago

My friend told me I will have to pay taxes each year on my zero-coupon CD. Is this true?

In Banking - Cds - Asked by Admin - 8 months ago

What do I do if I get a chunk of money?

In Personal Finance - Savings - Asked by Admin - 14 months ago

If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "what is a term cd?" Zuuply.com can answer them or you can browse our archives.