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Finance & Accounting

FD Tracker Glossary

Terms for monitoring fixed deposits and their maturity.

5 terms · Updated 12 November 2026

F1 term

Fixed Deposit (FD)

A deposit held with a bank for a fixed period at an agreed interest rate.

L1 term

Lien

A bank's right to hold a deposit as security against a loan.

M2 terms

Maturity Date

The date an FD ends and the money plus interest becomes payable.

Maturity Value

The total amount received at maturity, including interest earned.

P1 term

Premature Withdrawal

Closing an FD before maturity, usually with a penalty.

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