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Bookmark or Share- Deposit Definition & Meaning | Britannica Dictionary: to leave an amount of (something, such as sand, snow, or mud) on a surface or area especially over a period of time. layers of mud deposited by floodwaters. The storm may deposit [= leave] up to three feet of snow in some areas. — depositor. /dɪ ˈpɑːzətɚ/ noun, plural depositors [count] bank depositors [=people who put money in a bank account]
- Deposit Definition & Meaning - Merriam-Webster1. : to place especially for safekeeping or as a pledge. depositing her tools in the trunk of the car. especially, economics : to put in a bank. having your paycheck automatically deposited into your bank account. 2. a. : to lay down : place. deposited himself in the chair next to me.
- 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.
- Bank Deposits - InvestopediaFact checked by. Ariel Courage. What Are Bank Deposits? Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as...
- What Is A Deposit? Definition, Meaning, Types, And ExampleSimply put, a deposit is a sum of money that an individual or entity places into a bank account or financial institution. This amount can be in the form of cash, check, or electronic transfer. By making a deposit, you are entrusting your money with the financial institution for safekeeping and potential growth.
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