on which a deposit is payable
1deposit — I v. To commit to custody, or to lay down; to place; to put; to let fall (as sediment). Jefferson County ex rel. Grauman v. Jefferson County Fiscal Court, 273 Ky. 674, 117 S.W.2d 918, 924. To lodge for safe keeping or as a pledge to intrust to… …
2deposit — I v. To commit to custody, or to lay down; to place; to put; to let fall (as sediment). Jefferson County ex rel. Grauman v. Jefferson County Fiscal Court, 273 Ky. 674, 117 S.W.2d 918, 924. To lodge for safe keeping or as a pledge to intrust to… …
3deposit — n. & v. n. 1 a Brit. a sum of money kept in an account in a bank. b anything stored or entrusted for safe keeping, usu. in a bank. 2 a a sum payable as a first instalment on an item bought on hire purchase, or as a pledge for a contract. b a… …
4deposit money — noun : bank demand deposits which can be used as money through drawing checks * * * Banking. checks, letters of credit, etc., that circulate and are payable on demand. [1815 25] * * * deposit money noun (economics) Deposits in bank current… …
5Payable-through account — A payable through account (PTA) is a demand deposit account through which banking agencies located in the United States extend cheque writing privileges to the customers of other institutions, often foreign banks.PTA accounts are a concern to… …
6Payable On Death - POD — An arrangement between a bank or credit union and a client that designates beneficiaries to receive all the client s assets. The immediate transfer of assets is triggered by the death of the client. Also referred to as a totten trust. POD… …
7deposit contract — Agreement between a payor bank and a customer that governs the rights and duties of the parties with respect to funds deposited by the customer in a demand or other account maintained at the bank, and that specifies, among other things, the… …
8deposit contract — Agreement between a payor bank and a customer that governs the rights and duties of the parties with respect to funds deposited by the customer in a demand or other account maintained at the bank, and that specifies, among other things, the… …
9certificate of deposit — ( CD) A time deposit with a specific maturity evidenced by a certificate. Chicago Board of Trade glossary ( CD) A large time deposit with a bank, having a specific maturity date and yield stated on the certificate. CDs usually are issued with… …
10Dual currency deposit — In finance, a dual currency deposit (DCD) is a derivative instrument which combines a money market deposit with a currency option to provide a higher yield than that available for a standard deposit. There is a higher risk than with the latter… …
