Time Deposit

What does it Mean? A savings account or CD held for a fixed-term with the understanding that the depositor can only withdraw by giving written notice.
Investopedia Says... The term generally is at least 30 days.

Terms Related Links

Certificate Of Deposit - CD
Demand Deposit
Foreign Currency Fixed Deposit - FCFD
Money Market Account
Savings Account
Transaction Deposit

Terms Related Links
The Money Market - If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market.

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