What do the terms of this CD mean?

What is the meaning of the term CD?

compact disc

abbreviation for compact disc: a small plastic disc on which data or music is stored: on CD The user manual is on CD.

What does CD mean in business terms?

But in banking terms, CD means certificate of deposit. What is a certificate of deposit? The definition of certificate of deposit is an account that allows you to save money typically at a fixed interest rate for a fixed amount of time—say, 6 months, 1 year or 5 years.