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Easy Peasy Finance for Kids and Beginners
Rishi Vamdatt - 16-year Old Creator of Easy Peasy Finance - Published and Syndicated Author
Easy Peasy Finance for Kids and Beginners
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Home » Certificate of Deposit

Certificate of Deposit

« Back to Glossary Index

A Certificate of Deposit or a CD is a place where you keep your money for a certain amount of time to earn interest from the bank. The interest rate is predetermined.

For more information, check out What is a Certificate of Deposit or CD? A Simple Explanation for Kids & Beginners

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The information presented in our videos and on this website is for educational purpose only. We are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision. This site uses affiliate links: at no additional cost to you, we earn a commission if you click through & make a purchase.

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  • Categories
    • Basics
    • Borrowing
    • Derivatives
    • Fixed Income
    • How-To
    • Insurance
    • Mutual Funds
    • Others
    • Real Estate
    • Retirement
    • Stocks
    • Tax
    • Rishi’s Money Tips
  • Jump$tart Pillars
    • Credit and Debt
    • Employment and Income
    • Financial Decision Making
    • Investing
    • Risk Management and Insurance
    • Spending and Saving
  • Financial Literacy Tools
    • Glossary of Personal Finance Terms
    • Kid-Friendly Infographics
    • Fun Financial Literacy Books
    • Free Downloads
    • Directory of Financial Literacy Resources
  • Free Courses
    • Earning Income
      • Basics of Money
      • Basics of Finance
      • Basics of Income Tax
    • Spending
      • Methods of Money Payment
    • Saving
      • Basics of Banking
      • Basics of Retirement Planning
    • Investing
      • Basics of Investing
      • Investing in the Stock Market
      • Investment Strategies
      • Investing in Individual Stocks
    • Managing Credit
      • Basics of Borrowing
      • Basics of Credit Cards
      • Borrowing for Your Home
      • Credit Score and Credit Report
    • Managing Risk
      • Basics of Insurance
      • Financial Risk Management
  • K-12 Teacher Resources
  • Fun Zone
    • Easy Peasy Money Games
    • Interactive Learning Experiences
    • Fun Quizzes
      • All Quizzes
      • Quiz: Are You a Finance Expert or Novice?
      • Quiz: Measure Your Stock Market Expertise
      • Quiz: What Kind of Investor are You?