deposit account

Noun

Meaning

a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest

Synonyms

Hypernyms

Examples

I felt very sad, because I missed my maths lectures and I didn’t even succeeded in opening the fixed deposit account and I still have the fear that I may squander the money. Source: Internet

But if you have a deposit account, your bank will usually offer you a credit card secured against your deposits. Source: Internet

The fee is waived when you’re transferring funds electronically to a USAA deposit account. Source: Internet

Redeem as a deposit into your U.S. Bank deposit account (checking, savings or money market), a U.S. Bank Rewards Card or a statement credit. Source: Internet

You hereby authorize us to initiate and post credit (positive) entries for Commission Payments to the direct deposit account you designate. Source: Internet

You must be the owner of the deposit account you designate, with sole authority to direct that funds be transferred to or from the account. Source: Internet

Close letter words and terms