"time deposit." YourDictionary, n.d. Web. 17 December 2018. <https://www.yourdictionary.com/time-deposit>.
time deposit. (n.d.). Retrieved December 17th, 2018, from https://www.yourdictionary.com/time-deposit
time deposit - Investment & Finance Definition
deposit account that has a set time until it matures, at which time the funds
can be accessed. Exceptions do exist that allow the funds to be accessed before
the account matures, typically with the payment of a penalty.