NOUN
- a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
How To Use deposit account In A Sentence
- That begs the question as to whether our money would be safer under the mattress or in a bank deposit account than invested in shares, unit trusts or pension schemes.
- In many countries, depositors may choose which national money will be the denomination of their deposit account.
- This can be done, for example, if the company acquires a source of income, such as opening a bank deposit account.
- Amid the focus on the shrinking of deposit account returns, scant attention has been paid to the charges on overdrafts. Times, Sunday Times
- They operate rather like bank deposit accounts, where the interest rate is credited at regular intervals.
- The telltale entry was the lone item on the credit side: ￡2,000, from deposit account.
- My current bank deposit account interest rate has just been cut again.
- This can be done, for example, if the company acquires a source of income, such as opening a bank deposit account.
- The bank's deposit accounts are on the increase.
- During the war, of course, gold holdings were requisitioned, and it was replaced by a deposit account at the bank.