time deposit

  1. a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date
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How To Use time deposit In A Sentence

  • Time deposits are usually held for longer periods of time to meet irregular payments and as a form of savings. Collins Dictionary of Economics
  • You need to provide your ID card or passport to withdraw your time deposit before maturity.
  • M3 is M1 plus bank time deposits and certificates of deposit.
  • In opening an account of time deposit of small savings for lump-sum withdrawal, the depositor shall present his or her ID card or other valid credentials.
  • Nationwide different - areas automatic banking of local foreign currency current time deposits has been realized.
  • A time deposit is less liquid since the cost of redeeming it before maturity is not trivial. 10.
  • Passbook of time deposits is a method of deposit wITe by lump-sum deposit and withdrawal time deposits in multiple currencies and maturities are not handled in a single passbook.
  • Just like a time deposit versus a passbook savings account, there's a trade off: cost-effectiveness versus accessibility.
  • Sight deposits are, in the main, cheque account funds while time deposits incorporate an element of withdrawal restriction, i.e. notice.
  • Dear auspicious: am in all the time deposit this idea, expectation can receive interest.
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