Home : Slang Terms : What does CD mean? (3 Meanings)

CD

Meaning 1 Compact disc
Rating
4.8 (5 Votes)
Definition

An acronym for the circular discs that can store up to 700 MB of data or 80 minutes of audio; originally introduced to the U.S. market in 1983 and eventually replaced audio tapes; became a common software format as they could store much more information than floppy discs.

Example
"I have such a large CD collection it's gonna be a pain to go digital."
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Updated February 25, 2015
Meaning 2 Cooldown
Rating
3.5 (4 Votes)
Definition

A gaming term that refers to a time period cycle that must expire before an item can be used again.

Example
"Bloodlust is still on CD for another 2 minutes."
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Usage
Updated September 2, 2014
Meaning 3 Certificate of deposit
Rating
3.0 (3 Votes)
Definition

A financial acronym for a certificate of deposit, which is similar to a savings account but restricts holders from immediately withdrawing funds, unless they want to pay the penalty.

A CD is commonly issued by a commercial bank and includes a maturity date, a fixed interest rate, and can be given in any denomination. If the CD is more than $100,000 it is called a "large CD" or "jumbo CD," whereas a CD less than $100,000 is called a "small CD." A CD usually lasts between 1 month and 5 years and is insured by the FDIC.

Example
"I purchased a $5,000 CD with an interest rate of 5% so at year's end the CD will be worth $5,250."
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Updated February 25, 2015

CD definition

This page explains what the acronym "CD" means. The various definitions, examples, and related terms listed above have been written and compiled by the Slangit team.

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