Akademik

deposit

▪ I. deposit de‧pos‧it ¹ [dɪˈpɒzt ǁ dɪˈpɑː-] noun

1. [countable] BANKING an amount of money paid into a bank account or held in a bank account, especially when it is earning interest:

• Residents have some $4 billion in deposits in local financial institutions.

• The Hong Kong bank had more than US$1 billion on deposit when it was closed.

— see also certificate of deposit, memorandum of deposit

diˌrect deˈposit [countable, uncountable]

BANKING a method for paying someone's wages directly into their bank account, or the amount paid in:

• Offer direct deposit to your employees with our online banking service.

• Many banks will waive monthly fees on certain accounts where there is a regular direct deposit.

ˌfixed deˈposit [countable] BANKING

an amount of money held in a bank account and earning a particular rate of interest for a fixed period of time:

• Investors are now able to obtain a better yield, 5%, from one-year fixed deposits at the National Savings Bank.

2. deposits [plural] BANKING the total amount of money held in bank accounts etc within an economy

ˈbank deˌposits [plural] BANKING

the total amount of money that customers have paid into a particular bank or into all banks in a particular area or economy:

• The money supply, essentially the sum of all currency and bank deposits, barely grew in the fourth quarter.

ˌcash ˈratio deˌposits [plural] BANKING

the amount of money that a country's banks must leave with its central bank. Interest on this money helps pay the central bank's costs:

• Banks hope the rate for cash ratio deposits will drop from 0.35% of their sterling deposits to 0.2%.

ˈcore deˌposits [plural] BANKING

the money available to a bank in its customers' accounts, rather than through the money market:

• We have added 68,000 new savings and checking accounts, to bring total core deposits to $13.2 billion.

ˈeurodollar deˌposits [plural] BANKING

US dollars held by banks outside the US on which interest is paid:

• Three-month eurodollar deposits yield 6.69%, compared with 9.125% for equivalent euro deposits.

ˈmoney ˌmarket deˌposits [plural] FINANCE

money held on the money market rather than in bank accounts:

• Investors have shifted their funds into short-term money market deposits, where they can earn interest rates as high as 8%.

ˈpublic deˌposits [plural] BANKING

money belonging to the British government held by the Bank of England:

• The public deposits are usually relatively small, as surplus cash is used for repayment of government debts.

ˈretail deˌposits [plural] BANKING

another name for core

3. [countable] also deposit account BANKING a bank account in which money can be held and will earn interest

ˈcall deˌposit [countable] BANKING

a type of bank account from which you can take out money immediately without paying a charge and without informing the bank in advance:

• For customers specifically wanting US dollars, it has a US Dollar Call Deposit Account, offering interest and immediate access to funds.

deˈmand deˌposit [countable] BANKING

another name for a call deposit:

• Bank of America requires no minimum balance on its demand deposit account.

ˈsight deˌposit [countable] BANKING

another name for a call deposit:

• The most familiar form of sight deposit are current accounts at banks.

ˈterm deˌposit also ˈtime deˌposit [countable] BANKING

a bank account in which you must leave your money for a minimum period of time and from which you can only take out money after informing the bank in advance:

• More than $150 billion was withdrawn from time deposits in thrifts and banks last year.

4. [countable] PROPERTY a small first payment that you make for a house, car, holiday etc:

• You have to put down a deposit of 10% of the total cost.

5. [countable] PROPERTY an amount of money that you pay when you rent something which will be given back to you if you do not damage the thing you are renting:

• You will have to pay one month's rent in advance, plus a deposit of $500.

[m0] ▪ II. deposit deposit ² verb [transitive] BANKING

to leave money or other valuable things at a bank:

deposit something in something

• He advised her to sell the shop and deposit the money in the bank.

deposit something with somebody/something

• The dollars were deposited with banks outside the USA.

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Ⅰ.

deposit UK US /dɪˈpɒzɪt/ noun

► [C] BANKING an amount of money that someone pays into a bank account: »Using the cash machine I can make a deposit at any time of the day.
have/keep/hold money on deposit »Rather than hold money on deposit, you should pay off your debts.

→ Compare WITHDRAWAL(Cf. ↑withdrawal)

► [C] COMMERCE, PROPERTY a part of the cost of something such as a product or property that a buyer pays to a seller so that it will not be sold to anyone else: make/pay/put down a deposit (on sth) »Many families put down a deposit for their summer holidays as early as January.
»a €50/$100, etc. deposit
ask for/request a deposit »Normally someone selling a house would ask for a deposit of at least 5%.
»non-refundable deposit

→ Compare DOWN PAYMENT(Cf. ↑down payment)

● deposits — Cf. deposits

→ See Note MONEY(Cf. ↑money)

► [C] PROPERTY an amount of money that someone renting a property pays to the owner of the property, which they get back when they leave only if they have not caused any damage: ask for/require a deposit »Landlords will usually require a deposit.
lose a deposit »I once lost a deposit on a flat when I knocked something over and stained the carpet.

→ See also BANK DEPOSIT(Cf. ↑bank deposit), CASH RATIO DEPOSITS(Cf. ↑cash ratio deposits), CERTIFICATE OF DEPOSIT(Cf. ↑certificate of deposit), CORE DEPOSITS(Cf. ↑core deposits), DEMAND DEPOSIT(Cf. ↑demand deposit), DIRECT DEPOSIT(Cf. ↑direct deposit), FIXED DEPOSIT(Cf. ↑fixed deposit), MONEY MARKET DEPOSITS(Cf. ↑money market deposits), PUBLIC DEPOSITS(Cf. ↑public deposits), RETAIL DEPOSITS(Cf. ↑retail deposits), SIGHT DEPOSIT(Cf. ↑sight deposit), TERM DEPOSIT(Cf. ↑term deposit), TIME DEPOSIT(Cf. ↑time deposit)

Ⅱ.

deposit UK US /dɪˈpɒzɪt/ verb [T]

► BANKING to put money into a bank account, especially one that pays interest: »deposit money/a cheque/funds
deposit sth in/into sth »You can choose to have your salary deposited directly into your bank account.

→ Compare WITHDRAW(Cf. ↑withdraw)

► to leave money or something that is valuable in a safe place: deposit sth with sb »The documents have been deposited with the solicitor for safe-keeping.

Financial and business terms. 2012.