I love the way they try to explain it in the article: > CDs are a federally insured way for investors to receive a fixed interest on their deposit for a fixed

I love the way they try to explain it in the article: > CDs are a federally insured way for investors to receive a fixed interest on their deposit for a fixed period, in return for not being able to withdraw the money early without a penalty. ...still not spelling out what the abbreviation actually means - ok, it's in the paragraph above the one I quoted, but hidden away in a subordinate clause that's easy to overlook if you just scan the text. I was in the "Compact Disc" camp too BTW...