Not exact matches
The two halves of the process are separated in
time,
unlike with the
deposits, but the net effect in the long run is still zero.
Unlike regular savings accounts, with a CD, you commit to
depositing your money for a certain period of
time, or term.
A certificate of
deposit can be a good, low - risk investment, but
unlike savings accounts, it requires a
time commitment during which you can't access your money without facing a penalty.