Banks and credit unions offer certificates of deposit (CD), which pay a fixed amount of interest over a specific amount of time. In exchange, the customer agrees to leave a lump-sum deposit untouched.
BEIJING, Sept. 30 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange ...
Learn more about it. A CD—short for certificate of deposit—is a low-risk investment that offers a moderate (but guaranteed) return in exchange for a commitment to lock in your money for a set ...