Business Dictionary :
Deposit : noun : money placed in a bank for safe keeping or to earn interest
Certificate of Deposit = certificate from a bank to show that money has been deposited
Bank Deposits = all the money placed in banks
• Bank deposits are at an all-time high.
= deposit which pays a fixed interest over a fixed period
= bank account which pays interest but on which notice has to be given to withdraw money
Deposit At 7 Days' Notice
= money deposited which you can withdraw by giving seven days' notice
= piece of paper stamped by the cashier to prove that you have paid money into your account
= bank safe where you can leave jeweler or documents
Safe Deposit Box
= small box which you can rent in which you can keep jeweler or documents in a bank's safe
: money given in advance so that the thing which you want to buy will not be sold to someone else
• To pay a deposit on a watch…
• To leave £10 as deposit...
: to put documents somewhere for safe keeping
• To deposit shares with a bank
• We have deposited the deeds of the house with the bank.
• He deposited his will with his solicitor.
: to put money into a bank account
• To deposit £100 in a current account…
: noun : (US) person or company with whom money or documents can be deposited
: person who deposits money in a bank
: Furniture Depository = warehouse where you can store household furniture
: person or company with whom money or documents can be deposited
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