Accounting Terms Dictionary

Select a letter below to view all accounting terms that begin with that letter.


Certificate of Deposit.

You agree to put a certain amount of money in the bank and keep it there for a certain length of time. In return the bank agrees to pay you a higher interest rate than it pays its other depositors. Mary’s bank pays an interest rate of .05%. If Mary agrees to put the money in the bank for two years and not take it out, the bank agrees to pay Mary 1% interest. Mary has a certificate of deposit.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.

Expected or Past Undergrad Graduation Date*

When Do You Plan to Start Studying?