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deposits; deposited; depositing Britannica Dictionary definition of DEPOSIT [+ item] 1  : to put (dollars) within a checking account Your paycheck will probably be mechanically deposited

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see also protection deposit Be aware: A deposit may be placed on a buy price or can be regarded partial payment.

As you know how they do the job, deposits may become another financial Software that will help you take care of your hard earned money and pursue your objectives.

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You can find different types of deposits. The commonest are discounts deposits, which stimulate typical preserving although earning desire, and existing deposits, which are perfect for companies that have to have frequent transactions.

All Risk-free deposit box basic safety deposit box deposit can lender deposit demand from customers deposit deposit bottle deposit broker See all meanings Phrasal Verbs deposit, at pay one thing in phrasal verb

Examine bailment, hiring, personal loan for intake and loan to be used at mortgage Take note: Similar to the frequent-regulation bailment, the civil legislation deposit necessitates both precise or constructive shipping. — necessary deposit : a deposit compelled by a unexpected crisis Notice: The Louisiana Civil Code deems the deposit of tourists' belongings by having an innkeeper a essential deposit. — voluntary deposit : a deposit that may be made by the mutual consent with the depositor and depositary Notice: The consent necessary might be express or implied, and since of the requirements of consent, only folks with the ability to deal could make a voluntary deposit.

These can signify equally incoming and outgoing transactions depending on the character with the company deal. Deposits are commonly observed in small business functions, rental agreements, and shopper-provider interactions.

Deposits variety the backbone of a lender's functions they not just present security for The client’s revenue but additionally allow for banks to lend and spend.

Cell phone spot code - 3 digits range required Cell phone prefix - three digits quantity necessary Cell phone line variety - four digits variety expected Mail

: a little something positioned for safekeeping: like a : revenue deposited inside of a lender generating a deposit or possibly a withdrawal

These "Actual physical" reserve resources may be held as deposits in the pertinent central bank and will receive interest According to financial coverage.

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