Definitions for "time deposit"
Savings account or CD held in a financial institution, usually a bank, for a...
Interest bearing deposits with a specific maturity at a savings bank.
Fixed-term investments which, as a general rule, are invested with a credit institution, for a minimum of 30 days at a fixed interest rate, in order to earn a higher interest rate than with demand deposits. Time deposits principally take the form of fixed deposits.
a profitable manner of funds investment for a fixed term
Keywords:  sharing
Time Sharing