Deposit - definition of deposit by The Free Dictionary What is the meaning of deposit in bank Deposit account - Wikipedia


Making a Deposit: Definition in Money and Banking What is the meaning of deposit in bank

Placing and positioning an object. C2 [ C or U ] a substance or layer that is left what is the meaning of deposit in bank, usually after a liquid is removed: C2 [ C ] specialized mobile casinos 2015 new a layer that has formed under the groundespecially over a long period: C1 [ C ] a paymentespecially into a bank account: B1 [ C ] an amount of money that you pay as the first part of the total payment for something: C1 [ C ] an amount of money that you pay when you rent something, and is returned to you when you what is the meaning of deposit in bank the thing you have rented: Sign up now Log in.

Guy Fawkes and the language of plots. English English American Business. The flood waters felldepositing mud over the whole area. The bus deposited me miles from anywhere. The click at this page deposits her eggs in other birds ' nests.

I deposited my luggage in a locker at the station. There's a night safe outside the bankso you can deposit money whenever you wish. You deposit 20 percent now and pay the rest when the car is delivered.

You can also find related words, phrases, and synonyms in the topics: Decant the wine carefullyso that you leave the deposit in the bottom of the bottle. In hard-water areasa chalky deposit often forms in pipes and kettles.

The flood left a thick deposit of mud over the entire ground floor of the house. They asked us to put down a deposit. Idiom s on deposit. She made a large deposit last Thursday. Will you get source deposit back if you cancel the trip? The flood left a thick deposit of mud on the floor.

The region has lots of gas and coal deposits. The cat deposited a dead mouse at my door. Using the cash machine I can make a deposit at any time of the day. The government closed banks for a week, trying to prevent a run on deposits. See also bank deposit. What is the pronunciation of deposit? Create and share your own word lists and quizzes for free! Word of the Day apologetic showing that you feel sorry about having caused someone problems or unhappiness.

Blog Guy Fawkes and the language of plots November 01, New Words manel noun October 30, Log in to My Dictionary. Search from your browser Add Cambridge Dictionary to your browser in a what is the meaning of deposit in bank Get our free widgets Add the power of Cambridge Dictionary to your website using our free search box widgets. Dictionary apps Browse our dictionary apps today and ensure you are never again lost for words.


What is the meaning of deposit in bank Bank - definition of bank by The Free Dictionary

Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as savings accountschecking accounts and money market accounts. The account holder has the right to withdraw deposited funds, as set forth in the terms and conditions governing the account agreement.

When someone opens a bank account and makes a cash deposit, he surrenders legal title to the cash, and it becomes what is the meaning of deposit in bank asset of the bank. In turn, the account is a liability to the bank. There are several different types of deposit green tube online including current accounts, savings accounts, call deposit accounts, money market accounts and certificates of deposit CDs.

A current account, also called a demand account, is a basic checking account. Consumers deposit money which they can withdraw as desired on demand. These accounts often allow the account holder to withdraw funds using bank cards, checks or over-the-counter withdrawal slips. In some cases, banks charge monthly fees for current accounts, but they may waive the fee if the account holder meets other requirements such as setting up direct deposit or making a certain number of monthly transfers to a savings account.

Savings accounts offer the account holder interest on his deposits. However, in some cases, account holders may incur a monthly fee if they do not maintain a set balance or a certain number of deposits. Although savings accounts are not linked to paper checks what is the meaning of deposit in bank cards like current accounts, their funds are relatively easy for account holders to access.

In contrast, money market accounts offer slightly higher interest rates than savings accounts, but account holders face limitations on the number of checks or transfers they can make from these accounts. Like a savings account, a time deposit account is an investment vehicle for consumers.

Also known as certificates of deposit CDtime deposit accounts tend to offer a higher rate of return than traditional savings accounts, but the money must stay in the account for a set period of time.

In other countries, time deposit accounts feature alternative names such as term deposits, fixed-term what is the meaning of deposit in bank and savings bonds. Financial institutions refer to these accounts as interest-bearing checking accounts, Checking Plus or Advantage Accounts.

These accounts combine the features of checking and savings accounts, allowing consumers to easily access their money but also earn interest on their deposits. Member banks are required to place signs visible to the public stating that "deposits are backed by the full faith and credit of the United States Government.

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Myth-Busters: What Do Banks Do With Your Deposits?

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Define bank. bank synonyms, bank pronunciation, bank translation, English dictionary definition of bank. n. 1. To deposit in a bank. 2. To store for future use.
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deposit meaning, definition, what is deposit: to leave something somewhere. Learn more.
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A deposit account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder.
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Define bank. bank synonyms, bank pronunciation, bank translation, English dictionary definition of bank. n. 1. To deposit in a bank. 2. To store for future use.
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Bank Deposit Meaning: In deposit terminology, the term Bank Deposit refers to an amount of money in cash or check form or sent via a wire transfer that is placed into.
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