What is another word for term cd?
Pronunciation: [tˈɜːm sˌiːdˈiː] (IPA) 
When it comes to financial products, "term cd" is a common phrase used to describe a certificate of deposit that has a fixed term or maturity date. However, there are a variety of synonyms that can be used to describe the same financial instrument. These include time deposit, fixed deposit, time certificate, and fixed-term deposit. While the terminology may differ slightly, all of these products typically offer a fixed interest rate that is higher than traditional savings accounts. Investors can choose different term lengths, ranging from a few months to several years, depending on their needs and investment objectives. Regardless of the term used, certificates of deposit remain a popular choice for low-risk, guaranteed returns.
