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no-penalty CD

/noʊ ˈpɛnəlti ˌsiˈdi/ /nəʊ ˈpɛnəlti ˌsiːˈdiː/
noun
GeneralBanking
  1. 1 cezasız mevduat sertifikası, cezasız vadeli mevduat countable

Definition (English)

A Certificate of Deposit (CD) that allows early withdrawal of funds without a penalty.

Example Sentences

  1. A no-penalty CD offers flexibility for savers.
    Cezasız mevduat sertifikası tasarruf sahipleri için esneklik sunar.
  2. You can withdraw from the no-penalty CD without losing interest.
    Faiz kaybetmeden cezasız mevduat sertifikasından para çekebilirsiniz.

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