FD: Fixed Deposit
Category:
Finance
Language: English
What is the meaning of FD in Finance category?
A fixed deposit is a form of risk-free savings instrument in which the investor/depositor deposits their money in a bank(preferred) or a regulated NBFC company for a fixed period (in days, months, or years) at a guaranteed interest rate. The interest earned by the principal amount can be credited on a monthly, quarterly, half-yearly, or yearly basis, with the flexibility to either re-invest or withdraw the generated interest. Re-investing the generated interest is recommended to take advantage of growth compounding.
FDs with an investment period of 5 and more years are also generally eligible for tax-saving.
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What is the full form of FD?
FD stands for Fixed Deposit. Fullformexpand.com has 120 other full forms for abbreviation FD.
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"FD." Fullformexpand.com, https://www.fullformexpand.com/fd/6158. Accessed 21 Mar. 2025.
Fullformexpand.com, 2025. "FD." Accessed March 21, 2025. https://www.fullformexpand.com/fd/6158.
"FD." (n.d.). Fullformexpand.com. Retrieved March 21, 2025, from https://www.fullformexpand.com/fd/6158.
FD. (2025). Fullformexpand.com. Available at: https://www.fullformexpand.com/fd/6158 (Accessed: 21 March 2025).
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