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FD is the short abbreviation for Fixed Deposit, which can be defined as a deposit of an amount for a given period to earn interest that is compounded over time. FD meaning refers to investing a sum of amount with any bank, non-banking financial company (NBFC), or post office for a predetermined period. At the end of this tenure, an investor earns a certain amount of interest. This tenure has a principal sum and also generates interest on this sum, which may either be paid out or re-invested in the tenure to generate compound returns.
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Understanding the meaning of FD in Finance.pdf