Real Estate Glossary



  Certificate of Deposit

A document written by a bank or other financial institution that is evidence of a deposit, with the issuer's promise to return the deposit plus earnings at a specified interest rate within a specified time period.

* Also see "Adjustable-Rate Mortgage" entry

 

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Edith Harper, Broker Associate
Prudential The McMillen Real Estate Group
1004 N. Berkeley Blvd., Goldsboro, N. C. 27534
e-mail address - edithharper@realtor.com


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