a type of deposit placed by enterprises, nonprofit institutions, government organs, troops, social groups and other entities, for which the depositor has specified deposit term and interest rate on the value date, and withdraw principal and interest by the due date. Within the due date, interest of RMB time deposit should be counted at the rate of time deposit listed and publicized upon the day of deposit, and should not be affected by any adjustments on interest rate. For time deposit of RMB, the interest rate is generally divided into six categories: three-month-interest, half-year-interest,one-year-interest,two-year-interest,three-year-interest,and five-year-interest