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Best CD rates of July 2025 (Up to 4. 60%) - Bankrate A CD is useful when you want to earn a consistent, fixed yield on your lump sum of cash over the term of your savings account, especially if interest rates are declining
Compact disc - Wikipedia Compact disc The compact disc (CD) is a digital optical disc data storage format co-developed by Philips and Sony to store and play digital audio recordings It employs the Compact Disc Digital Audio (CD-DA) standard and is capable of holding of uncompressed stereo audio