What are CD's ( Certificate of Deposits ) ?

CD's are Certificate of Deposits which are a form of short term investments that offers a high degree of safety and negotiability. Negotiable Certificates of Deposits are negotiable instruments representing specific cash deposits in commercial banks having varying maturities and yields based on size maturity and prevailing money market conditions. Yields are generally above those on U.S. Treasury issues and comparable to those on commercial paper with similar maturities.