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  1. Dictionary
    deposit
    /dɪˈpɒzɪt/

    noun

    • 1. a sum of money paid into a bank or building society account: "cash funds which are an alternative to bank or building society deposits"
    • 2. a sum payable as a first instalment on the purchase of something or as a pledge for a contract, the balance being payable later: "we've saved enough for a deposit on a house" Similar down paymentpart paymentadvance paymentprepayment

    verb

    • 1. put or set down (something or someone) in a specific place: "he deposited a pile of school books on the kitchen table" Similar put (down)placelay (down)set (down)Opposite pick up
    • 2. place (something) somewhere for safekeeping: "a vault in which guests may deposit valuable property"

    More definitions, origin and scrabble points

  2. 4 days ago · A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the CD’s term expires.

    • How Do CDs Work

      Certificates of deposit (CDs) hold your funds for a set...

    • Brokered CDs

      The Federal Deposit Insurance Corp. (FDIC) insures your...

    • IRA CDs

      Discover Bank: 2.00%-4.50% APY (3 months-10 years), $2,500...

  3. 1 day ago · A deposit is a sum of money held in a bank account or other financial institution that can be transferred from one person’s account to another person’s account. Deposits can be made to save our balance and earn interest on them. These deposits can be withdrawn anytime when needed.

  4. Sep 27, 2024 · CDs are time deposit accounts offered by brick-and-mortar banks, credit unions and online financial institutions. A CD allows you to hold money for a specific amount of time while earning...

  5. Sep 8, 2024 · A time deposit, also known as a term deposit or fixed deposit, is a financial product offered by banks and credit unions where an individual deposits a sum of money for a specified period, receiving interest in return.

  6. Sep 11, 2024 · You can generally deposit as much as you want at a bank or other financial institution, but some banks may have extra rules and restrictions due to federal law and bank policy.

  7. Sep 18, 2024 · idiom. of money. : in a bank account. The company has millions of dollars on deposit with several foreign banks. Examples of on deposit in a Sentence. Recent Examples on the Web Savings rates While the central bank has no direct influence on deposit rates, the yields tend to be correlated to changes in the target federal funds rate.

  8. 2 days ago · Read about Certificates of Deposit (CDs), a secure investment option with fixed interest rates and terms.

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