TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SAVINGS CERTIFICATE [1 record]

Record 1 2019-07-12

English

Subject field(s)
  • Saving and Consumption
  • Investment
DEF

A certificate evidencing ownership of a time deposit account paying a fixed rate of interest.

CONT

A savings certificate is a retail certificate of deposit that normally is issued in denominations of $500 or more, and has a stated maturity. It is nonnegotiable, or transferable by assignment to another owner. A receipt is issued to the certificate holder, and the instrument is recorded in the issuing bank's ledger accounts.

French

Domaine(s)
  • Épargne et consommation
  • Investissements et placements

Spanish

Campo(s) temático(s)
  • Ahorro y consumo
  • Inversiones
DEF

Recibo emitido por una entidad de ahorro (banco, sociedad inmobiliaria, cooperativa de crédito, etc.) para certificar la titularidad de un depósito a plazo fijo.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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