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Bookmark or Share- What Is a Deposit? Definition, Meaning, Types, and ExampleA deposit generally refers to money held in a bank account. A deposit can also be the funds used as security or collateral for the delivery of goods or services. A demand deposit account is...
- Bank Account Deposits | Definition, How It Works, and TypesA bank account deposit is the act of placing money into a bank account, either in a checking or savings format, for safekeeping and potential interest earnings. Deposits, which can be made via cash, checks, or electronic transfers, differ in their processing time and fund availability.
- What Is a Deposit? - NerdWalletA deposit is the amount of money you give to a financial institution, such as a bank, to hold for you in an account. Individuals and businesses make deposits every day by...
- Bank Deposits - InvestopediaWhat Are Bank Deposits? Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as savings accounts, checking...
- How Do Bank Deposits Work? When Are Funds Available?How Do Bank Deposits Work? When Are Funds Available? Personal Banking. How banks process deposits. Watch video, 1 minute. Transcript. Article continues below. In this video. You may have wondered why sometimes when you deposit money in your bank account, it isn’t available to you right away.
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