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  3. A certificate of deposit (CD) is issued by a depository- institution (56)

A certificate of deposit (CD) is issued by a depository- institution (56)

游客2025-06-20  16
问题     A certificate of deposit (CD) is issued by a depository- institution  (56)   that the holder has deposited at the institution a certain mount of money for a certain period of time. By issuing a certificate of deposit, a bank, or  (57)   institution, gives its pledge to  (58)   the certificate at maturity and to pay a certain rate of interest for the use of the deposited funds.
    Certificates of deposit are issued in several different forms. They may be negotiable or nonnegotiable, If a CD is negotiable it may be sold on the secondary market  (59)   to maturity. Usually only large CDs are issued in negotiable form. CDs may also be issued either in bearer or registered form. Negotiable CDs are usually always issued in bearer form because of the ease with which ownership may be  (60)  .  [br]
选项 A、exchange
B、redeem
C、change
D、pay
答案 B
解析 根据上下文的意思，填空处的意思是兑换。exchange交换。change变化。pay交换或付款。
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