Certificate of deposit (CD)
A savings product offered by banks that pays interest in exchange for leaving a lump sum deposit untouched for a fixed period. CDs are low-risk and typically offer higher interest rates than regular savings accounts.
A savings product offered by banks that pays interest in exchange for leaving a lump sum deposit untouched for a fixed period. CDs are low-risk and typically offer higher interest rates than regular savings accounts.
William Bevins Jr, CFP® CTFA
436 Main Street
Franklin, TN 37064
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