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NASB Now: What is a Certificate of Deposit?top.mortgagebrokerscalgary.info � ask-cfpb � what-is-a-certificate-of-deposit-cd. A certificate of deposit, also called a "CD," is a savings tool that offers low risk while increasing earnable interest. A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States.
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