A certificate of deposit (Fixed Deposit), is a fixed income vehicle that will be offered by MEZCREDIT with maturities of less than 5 years. It provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time. Top-paying certificates of deposit pay higher interest rates than the best savings and money market accounts in exchange for leaving the funds on deposit for a fixed period of time