1. A certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.

1. A type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate.
2. the certificate issued to the holder of such an account, verifying that he owns it.

1. a debt instrument issued by a bank; usually pays interest