A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, and in exchange, the issuing bank pays interest. After the fixed period is over, you receive the money you originally invested plus any interest.
« Back to Glossary IndexThis information is for educational purposes only and is not a recommendation or a solicitation to invest. The value of investments can go up and down and involve risk. Thndr does not provide investment advice and individual investors should make their own decisions based on their research or seek independent advice. Thndr is the trading name of Thndr Securities Brokerage which is authorized and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804).
This information is for educational purposes only and is not a recommendation or a solicitation to invest. The value of investments can go up and down and involve risk. Thndr does not provide investment advice and individual investors should make their own decisions based on their research or seek independent advice. Thndr is the trading name of Thndr Securities Brokerage which is authorized and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804).
