A CD or a certificate of deposit is a savings certificate which is also a time deposit where he holder is entitled to earn interest and it can be cashed in only on or after the date of maturity along with the accrued interest.  It has a fixed interest rate and is issued by banks, credit unions, and financial institutions.  They are insured by the FDIC.  The term may vary from a …

Conventional Certificates of deposits are investment engines that provide an investor with a constant rate of interest for the speculated of predetermined time frame calculated on the principle investment. The returns are available on maturation of a CD. However   the money is locked for the duration of the CD and is inaccessible to the investor. This can be at a disadvantage to the investor if the interest rates based on the rising …