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.

Deposit

An 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 Matches

Time deposit

Time deposit

Interest-bearing deposit at a savings institution that has a specific maturity. Related: Certificate of deposit.


Depository institution

Depository institution

A 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 preferred

Depository preferred

Device enabling an issuer to circumvent an arbitrary corporate limit on the number of preferred shares issuable. Applies mainly to convertible securities.


Depository receipt

Depository receipt

See: ADR American Depository Receipt


Direct deposit

Direct deposit

A method of payment which electronically credits your checking or savings account.


Further Suggestions

Euro Depositary Receipt
Verification of deposit
certificate of deposit
American Depository Receipt Ratio
Depository transfer check (DTC)
Day of deposit to day of withdrawal account
Certificate of deposit (CD)
American Depository Share (ADS)
Advance deposit requirement
Depositary
Savings deposits
Deposit Protection Scheme
International Depository Receipt (IDR)
Depository Trust Company
Federal Deposit Insurance Corporation (fdic)
American depositary receipt
demand deposit
Negotiable certificates of deposit
Deposit insurance
MBS depository
Electronic depository transfers
American Depository Receipt Fees
Security deposit (initial)
depository bank
Eurodollar certificate of deposit


 
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