What Is a Fixed-Rate Certificate of Deposit? A Fixed-Rate Certificate of Deposit, often referred to as a Fixed-Rate CD, is a type of time deposit offered by banks and credit unions. When an individual ...

Understanding the Context

Fixed-Rate and Variable-Rate Certificates of Deposit (CDs) stand out as two widely sought-after forms of time deposit provided by banks, each presenting distinct advantages to investors. A Fixed-Rate ... The meaning of DEFINE is to determine or identify the essential qualities or meaning of. How to use define in a sentence.

Key Insights

DEFINE meaning: 1. to say what the meaning of something, especially a word, is: 2. to explain and describe the…. Learn more. If you define something, you show, describe, or state clearly what it is and what its limits are, or what it is like.

Final Thoughts

We were unable to define what exactly was wrong with him. [VERB wh] He was asked to define his concept of cool. [VERB noun] 1. to state or set forth the meaning of (a word, etc.). 2. to explain or identify the nature or essential qualities of; describe.

3. to specify: to define responsibilities. 4. to determine or fix the boundaries or extent of.