allow interest on deposit

  • 1deposit — de·pos·it 1 /di pä zət/ vt 1: to place for safekeeping or as security may deposit the property with the court; esp: to put in a bank account 2 in the civil law of Louisiana: to place (movable property) under a deposit the depository can not make… …

    Law dictionary

  • 2Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …

    Wikipedia

  • 3Call Deposit Account — A bank account for investment funds that offers the advantages of both a savings and a checking account. A call deposit account, like a checking account, has no fixed deposit period, provides instant access to funds and allows unlimited… …

    Investment dictionary

  • 4Certificate of deposit — This article is specific to the United States. For a more general article, see Time deposit. Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account …

    Wikipedia

  • 5Money market deposit account — A money market account is a deposit account with a relatively high rate of interest, and short notice (or no notice) required for withdrawals. In the United States, it is a style of instant access deposit subject to federal savings account… …

    Wikipedia

  • 6Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… …

    Wikipedia

  • 7mineral deposit — Introduction       aggregate of a mineral in an unusually high concentration.       About half of the known chemical elements (chemical element) possess some metallic (metal) properties. The term metal, however, is reserved for those chemical… …

    Universalium

  • 8Reservable Deposit — A bank deposit subject to reserve requirements. Reserve requirements are set by the Federal Reserve s board of governors and are a tool of monetary policy. The required reserves are also known as sterile reserves, because they do not earn… …

    Investment dictionary

  • 9Site of Special Scientific Interest — A Site of Special Scientific Interest or SSSI is a conservation designation denoting a protected area in the United Kingdom. SSSIs are the basic building block of site based nature conservation legislation and most other legal nature/geological… …

    Wikipedia

  • 10money-market deposit account — MMDA A high yielding savings account introduced in the USA in 1982 to allow deposit taking institutions to compete with the money markets for savers funds. As long as the account has a balance of more than $1000 there is no regulatory limit on… …

    Big dictionary of business and management