The Difference Between a Certificate of Deposit and a Fixed Deposit | Sapling
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The Difference Between a Certificate of Deposit and a Fixed Deposit | Sapling
The certificate of deposit and fixed deposit difference is that a CD is a type of fixed deposit, while not all fixed deposits are CDs. "Fixed deposit" is used more often outside the U.S., where the phrase "time deposit" is more common. In essence, there's really no difference between the two.
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