Diphtheria. an acute infectious disease characterized by inflammation, the formation of a tough membrane at the point of introduction of the causative agent of the disease, and a severe general poisoning (intoxication) of the organism.
Money that is invested in an interest bearing account such as a savings account or certificate of deposit earns interest. The rate at which interest is paid varies, but it will be a small percentage of the balance in the account. Rates may be either variable or fixed.
A certificate of deposit is not taxable to the beneficiary, under the general rule that an inheritance is not subject to federal income tax. However, the earnings on an inheritance are taxable. The bank will send a 1099-INT when taxable interest paid on an account is at least $10 during the year.