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Deposit |
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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 MatchesTime depositTime depositInterest-bearing deposit at a savings institution that has a specific maturity. Related: Certificate of deposit. Day of deposit to day of withdrawal accountDay of deposit to day of withdrawal accountA bank account that pays interest according to the number of days that the money is actually on deposit. Depository institutionDepository institutionA financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. Although historically they have broadened their powers in recent years. For example, NOW accounts, credit union share drafts and other services similar to checking accounts may be offered by thrift institutions. Depository preferredDepository preferredDevice enabling an issuer to circumvent an arbitrary corporate limit on the number of preferred shares issuable. Applies mainly to convertible securities. Eurocurrency depositEurocurrency depositA short-term fixed-rate time deposit denominated in a currency other than the local currency (i.e., US dollars deposited in a London bank). Further SuggestionsCertificate of deposit (CD)jumbo certificate of deposit Depository transfer check (DTC) Verification of deposit Electronic depository transfers Demand deposit Advance deposit requirement time deposit Federal Deposit Insurance Corporation American depositary receipt Depositary Negotiated certificate of deposit MBS depository Depository receipt Federal Deposit Insurance Corporation (FDIC) Depository Institutions Deregulation and Monetary Control Act Security deposit (initial) Good faith deposit Negotiable certificates of deposit Savings deposits Jumbo certificate of deposit American Depository Receipt Ratio depository bank demand deposit certificate of deposit |
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