Can The UCC classify a certificate of deposit as a draft.?

Under the Uniform Commercial Code (UCC), a certificate of deposit (CD) is not classified as a draft. A draft is a specific type of negotiable instrument that orders payment from one party to another, whereas a CD is a promise from a bank to pay a specified amount to the holder at a future date. While both instruments are used in financial transactions and can be negotiable, their definitions and functions under the UCC are distinct.