A Certificate of Deposit (CD) is a type of savings account that provides higher interest rates than a traditional savings account in exchange for a commitment to keep the funds on deposit for a specified period of time. To attract more potential depositors, banks often offer competitive CD rates that change from time to time, based on market conditions and interest rates. --------------------------------------------------------------------------------------------------------------------------------- Timestamps 0:00 -Intro 0:20 -A Certificate of Deposit {CD} 1:03 -Benefit of investing in CD 2:00 -How to invest in CD Instagram:https://instagram.com/learncityng Facebook:https://facebook.com/learncityng #learncity #viral #edutech #viralvideos #fyp #trends #learning #CertificateOfDeposit #CD #SavingsAccount #FixedIncomeInvestment #InterestRates #Finance #Investing #RetirementSavings #MoneyManagement #FinancialPlanning #Banking