A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Bond LadderA set of bonds with staggered maturity dates so a portion comes due at regular intervals for steady access to cash.
- YieldThe income an investment pays you each year, shown as a percentage of its current price.
- Maturity DateThe date a certificate of deposit or other fixed-term product ends, when you can withdraw your money and earned interest without penalty.
- Cash EquivalentA safe, short-term investment that can be converted to cash quickly, such as a money market fund or Treasury bill.
- Money Market FundA low-risk fund that invests in short-term, high-quality debt and aims to keep a stable share price.
- LiquidityHow quickly and easily you can turn an investment into cash without moving its price much.
Turn this into a brick
Knowing what CD (Certificate of Deposit) means is knowledge — the first half. A brick gets placed when you act on it.
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Plain-English education — not personalized legal, tax, or investment advice.