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Deposit(1) Money given by the buyer with an offer to purchase. Shows good faith. Also called earnest money. (2) A natural accumulation of resources (oil, gold, etc.) which may be commercially recovered and marketed.DepositAn account with a bank or financial institution which earns interest normally proportional to and below current base rates. The notice period for withdrawal will also affect the interest rate. No cheque book is issued with a deposit account.Similar MatchesGlobal Depositary ReceiptGlobal Depositary ReceiptA certificate which represents ownership of a given number of a company's shares and which can be listed and traded independently from the underlying shares. Depository Trust CompanyDepository Trust CompanyIn the US, the Depository Trust Company (DTC) is a national clearing house for the settlement of trade in corporate and municipal securities and performs securities custody-related services for its participating banks and broker-dealers. DTC is owned by members of the financial industry and by their representatives who are its users. DTC is 35.1% owned by the New York Stock Exchange on behalf of the Exchange's members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a member of the Federal Reserve. Electronic depository transfersElectronic depository transfersThe transfer of funds between bank accounts through the Automated Clearing House (ACH) system. Certificate of deposit (CD)Certificate of deposit (CD)A document which shows that the bearer has a specified amount of money on deposit with a bank, stock-brokerage firm or other financial institution. Negotiated certificate of depositNegotiated certificate of depositA large-denomination CD, generally $1MM or more, that can be sold but cannot be cashed in before maturity. Further SuggestionsSavings depositsInternational Depository Receipt (IDR) American Depository Receipt Fees jumbo certificate of deposit Security deposit (maintenance) Deposit Protection Scheme Federal Deposit Insurance Corporation Security deposit (initial) Good faith deposit American Depository Share (ADS) Advance deposit requirement depository bank Eurocurrency deposit time deposit Time deposit certificate of deposit Verification of deposit Demand deposit American Depository Receipt Ratio Depositary Euro Depositary Receipt American depositary receipt MBS depository Federal Deposit Insurance Corporation (FDIC) Depository Institutions Deregulation and Monetary Control Act |
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