Investment Options

2 words in this vocabulary list

certificate of deposit restricted

certificate of deposit

noun a document issued by a bank or financial institution to a depositor as evidence of a deposit, usually with a fixed term and interest rate

  • I decided to invest in a certificate of deposit to earn a fixed interest rate over a specific period of time.
  • I put some money into a CD to earn some extra cash.
  • I stashed some cash in a certificate of deposit to let it grow.
  • Investing in a certificate of deposit is like planting a seed that grows into a financial tree.

restricted

adjective having limitations or restrictions; limited in extent, number, scope, or action

  • Access to the restricted area is only granted to authorized personnel.
  • You can't go in there, it's a restricted zone.
  • That place is off-limits, it's restricted.
  • Her creativity was restricted by the rules of the competition.