Cd meaning in English

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Definition

a certificate of deposit, a CD (financial product): an official document from a bank stating that you have a certain amount of money on deposit noun
(I bought a new) CD! (Compact Disc): (I purchased a new) digital music disc! noun

Examples

  • "that's why we take a CD and put the money in it!"
  • "It appears to be some paint... and a CD of whales making love."
  • "No fish can resist my CD of whales making love!"
  • "Now that I've digitised my music collection, I'd like to sell some of my old records, cassettes, and CDs."
  • "Digital downloads and CDs aren't killing off the traditional vinyl album, and it seems that the Internet is actually safeguarding its future."
  • "If you don't know the answers then you may have grown up listening to pop songs on digital formats like CDs and MP3s."
  • "They go back to the UK laden with jeans, designer shoes, CDs and Epods."
  • "They go back to the UK with suitcases full of jeans, designer shoes, CDs and Epods."
  • "Can the same be said for CDs?"
  • "I see you've been listening to that CD!"
Exercise 1
Below are the lyrics to the second part of Icarus's rap! Fill in the blanks which are missing. Play the audio to help you!

Icarus: Yo! The second third of cash, we won't touch it for a minute,
that's why we take a and put the money in it!
I hope that's okay, cause that's the option I've selected
In 3 or 4 years, you'll love the we've collected!

Okay party people, it's time for us to rock it,
we'll take our last third and invest in the !
It may seem kind of , but we don't really care,
10 years from now we could be multi-billionaires!

Below are the lyrics to the second part of Icarus's rap! Fill in the blanks which are missing. Play the audio to help you!

Icarus: Yo! The second third of cash, we won't touch it for a minute,
that's why we take a CD 1 and put the money in it!
I hope that's okay, cause that's the option I've selected
In 3 or 4 years, you'll love the interest 2 we've collected!

Okay party people, it's time for us to rock it,
we'll take our last third and invest in the stock 3 market 4!
It may seem kind of risky 5, but we don't really care,
10 years from now we could be multi-billionaires!
1 CD: "A CD" or "certificate of deposit" is a type of account which generally "yields" or "returns" a significant rate of interest upon certain conditions. For example, you could place your money in a CD with a 3% interest rate on the condition that you do not touch the money for a period of 1 year or 2 years. Icarus wants to invest the second third of the 1.2 million dollars in a CD.
2 interest: In financial terms, "interest" refers to a fixed charge (usually a percentage) for money borrowed, lent or placed. In this context, the company will receive "interest" (a percentage of the sum invested) from the placement of 400,000 dollars into a CD.
3 stock: "Stock" refers to values or shares traded publicly on the "stock market" or "stock exchange". These shares represent money placed in a publicly owned business, a commodity, etc. Icarus wants to invest the last third of the 1.2 million dollars in the stock market in the hopes of getting a return over the long term.
4 market: The "stock market" is an exchange (it is both a physical location as well as a virtual marketplace) where "stocks" (shares or values) are traded (bought, sold or exchanged). Icarus wants to invest the last third of Delavigne's surplus cash in the stock market for a long term return.
5 risky: "Risky" is an adjective which describes the danger or potential danger of an action. In this case, Icarus is explaining to Bruno that investing in the stock market can be "dangerous" or "risky" because of the potential loss of money.
Exercise 2
Time to summarize!

For the short term, Icarus wants to put money in
For the medium term, Icarus wants to put money in
For the long term, Icarus wants to put money in
Time to summarize!

For the short term, Icarus wants to put money in a basic savings account 1
For the medium term, Icarus wants to put money in a CD 2
For the long term, Icarus wants to put money in the stock market 3
1 a basic savings account: This is correct. Icarus intends to place the first third of Delavigne's excess cash into a basic savings account. Savings accounts generally provide little or no interest, however the money inside the account is available at all times. This is the short term placement that Icarus recommends.
1 the stock market: This is incorrect. Icarus suggests investing in the stock market as a long term option.
1 a CD: This is incorrect. Icarus suggests placing money in a CD (certificate of deposit) as a medium term option.
2 a CD: This is correct. Icarus wants to place one third of Delavigne's 1.2 million dollars into a CD (certificate of deposit), a special type of interest-bearing account. The money in a CD is not available until it has "matured" or "come to term". CD's often mature after 1 year or more. This is Icarus medium term plan for the money.
2 the stock market: This is incorrect. Icarus suggests investing in the stock market as a long term option.
2 a basic savings account: This is incorrect. Icarus suggests placing money in a basic savings account as a short term option.
3 the stock market: This is correct.Over the long term, Icarus hopes that an investment in the stock market will return money. He tells Bruno that this investment is risky, but has the potential to be very profitable.
3 a basic savings account: This is incorrect. Icarus suggests placing money in a basic savings account as a short term option.
3 a CD: This is incorrect. Icarus suggests placing money in a CD (certificate of deposit) as a medium term option.
Exercise 3
Time to summarize!

For the short term, Icarus wants to put money in
For the medium term, Icarus wants to put money in
For the long term, Icarus wants to put money in
Time to summarize!

For the short term, Icarus wants to put money in a basic savings account 1
For the medium term, Icarus wants to put money in a CD 2
For the long term, Icarus wants to put money in the stock market 3
1 a basic savings account: This is correct. Icarus intends to place the first third of Delavigne's excess cash into a basic savings account. Savings accounts generally provide little or no interest, however the money inside the account is available at all times. This is the short term placement that Icarus recommends.
1 the stock market: This is incorrect. Icarus suggests investing in the stock market as a long term option.
1 a CD: This is incorrect. Icarus suggests placing money in a CD (certificate of deposit) as a medium term option.
2 a CD: This is correct. Icarus wants to place one third of Delavigne's 1.2 million dollars into a CD (certificate of deposit), a special type of interest-bearing account. The money in a CD is not available until it has "matured" or "come to term". CD's often mature after 1 year or more. This is Icarus medium term plan for the money.
2 the stock market: This is incorrect. Icarus suggests investing in the stock market as a long term option.
2 a basic savings account: This is incorrect. Icarus suggests placing money in a basic savings account as a short term option.
3 the stock market: This is correct.Over the long term, Icarus hopes that an investment in the stock market will return money. He tells Bruno that this investment is risky, but has the potential to be very profitable.
3 a basic savings account: This is incorrect. Icarus suggests placing money in a basic savings account as a short term option.
3 a CD: This is incorrect. Icarus suggests placing money in a CD (certificate of deposit) as a medium term option.

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