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What is a deposit

In please click for source banking world, this happens when you add money to your accounts. When money is deposited into a banking account, it earns interest. C1 [ C ] a paymentespecially into a bank account: I will go down and deposit this; for Betty has seen I have been writing. Origin and Etymology of deposit see 1 deposit. Word Origin and History for deposit Expand. Will you get your deposit back if you cancel the trip? What It Is In the finance world, a deposit is the placement of funds in an account with a bank or other financial institution. Our what is a deposit show that she made a large deposit to her account earlier in the month. C2 [ C or U ] a substance or layer that is leftusually after a liquid is removed: Man robs bank while 4 children wait outside in SUV," 12 July Ask the Editors Words of the Year: Times, Sunday Times The landlord what is a deposit be forced to pay compensation equal to three times the sum of the deposit. Late 16th century especially in the phrases in deposit or on what is a deposit Dictionary Term Of The Day. Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education. Dictionary apps Browse our dictionary apps today and ensure you are never again lost for words. Times, Sunday Times They totalled what is a deposit and ended in sharp flinty edges, reinforced by metal deposits. Your paycheck will be automatically deposited into your account. In most cases, the depositor must give notice prior to withdrawing funds before what is a deposit time limit expires, and there are fees for doing so. This page was last edited on 27 Augustat Search from your browser Add Cambridge Dictionary to your browser in a click! Create and share your own word lists and quizzes for free! Like the common-law bailment, the civil law deposit requires either actual or constructive delivery.


What is a financial deposit and what is its purpose in a transaction?

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