deposited funds
31Demand Deposit — An account from which deposited funds can be withdrawn at any time without any notice to the depository institution. This account allows you to demand your money at any time, unlike a term deposit, which cannot be accessed for a predetermined… …
32Lender Of Last Resort — An institution, usually a country s central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse. In the U.S. the Federal Reserve acts as the… …
33availability — The condition in which deposited funds are available for use by the depositor. The time lag between the date of a deposit and the date it is credited to the collected balance. American Banker Glossary The period in which the project financing is… …
34check — A commercial demand deposit instrument signed by the maker and payable on the presentation to the bank on which it is drawn. American Banker Glossary A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum… …
35savings account — Accounts maintained in commercial and savings banks for purpose of accumulating money, in contrast to a checking Savings accounts generally yield interest on the deposited funds, though the trend is to also pay interest on checking account… …
36certificate of deposit — n. 1. a time deposit paying a specified rate of interest for a specified period of time, with a penalty imposed for premature withdrawal of the deposited funds 2. a certificate acknowledging such a deposit …
37right of offset — noun (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default • Topics: ↑banking, ↑law, ↑jurisprudence • Hypernyms: ↑legal right …
38Availability — Funds that have been deposited by third party check into a customer s bank account. These funds are typically not usable by the customer until the check clears, or they become good funds. Third party checks are available according… …
39Book Balance — Funds on deposit prior to any adjustment for check clearing, float funds or reserve requirements. The book balance is the term banks use to describe the amount of money available before any adjustments have been made for deposits in transit,… …
40Excess Margin Deposit — Funds deposited in a trading account beyond what is required to fund basic margin requirements. The total balance on the account equals excess margin deposits plus margin. Investors can typically open an account and start trading with only a… …
