Deposire
- Fax Numbers: MS/HS Student Records: 467-8518 MS/HS Main Office: 467-5504 Elementary Main Office: 467-4495.
- DepositIQ Smart Risk Solutions. As the trusted risk mitigation solution to the multifamily housing industry, we offer the most advanced Renters Insurance and Security Deposit Alternatives.
Find 89 ways to say deposit, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus. Open the app and tap Deposit in the quick-action menu at the bottom of the Welcome screen, then Deposit a check. Choose an account and enter the amount of the check. Take pictures of the check with your phone or tablet. Verify the information and submit.
A deposit is the act of placing cash (or cash equivalent) with some entity, most commonly with a financial institution, such as a bank.
The deposit is a credit for the party (individual or organization) who placed it, and it may be taken back (withdrawn) in accordance with the terms agreed at time of deposit, transferred to some other party, or used for a purchase at a later date.
Deposits are usually the main source of funding for banks.[citation needed]
Types[edit]
A deposit may take a number of forms, including:
Demand deposit[edit]
A demand deposit is a deposit which is deposited for regular withdrawal like saving bank account or current bank account etc.
- Transactional account (checking account or current account, by country), the depositor has the right to use the money at any time, sometimes short notice periods are agreed. Also called call deposit or sight deposit.
Time deposit[edit]
Deposits which are kept for any specific time period are called time deposit or often as term deposit.
- Term deposit (or time deposit), bear a fixed time and fixed interest rate[1]
- Fixed deposit in India [2]
- Certificate of deposit in the U.S. and Canada
- Overnight lending occurs usually from noon to noon, using a special rate to give as security or in part payment.
See also[edit]
References[edit]
- ^term deposit, Investopedia, accessed 2012-05-14.
- ^[1], Deposit your trust in Fixed Deposits, siliconindia.com
types:
