Certificate of deposit and Obligation

Certificate of deposit noun - A debt instrument issued by a bank; usually pays interest.

Obligation and certificate of deposit are semantically related. In some cases you can use "Obligation" instead a noun phrase "Certificate of deposit".

Obligation noun - Something one must do because of prior agreement.

Certificate of deposit and obligation are semantically related. Sometimes you can replace phrase "Certificate of deposit" with "Obligation", this terms are similar.

Nearby Words: oblige, obliging, obligatory, obliged, obligate