Akademik

deposit account

deposit account deposit account ➔ account¹

* * *

deposit account UK US noun [C] (WRITTEN ABBREVIATION d/a) BANKING

► a bank account that pays interest, used especially by people who want to save money: »You can open a deposit account with as little as £20.
»put money into a deposit account

→ Compare CURRENT ACCOUNT(Cf. ↑current account)

→ See also CALL DEPOSIT ACCOUNT(Cf. ↑call deposit account)

→ See Note BANK ACCOUNT(Cf. ↑bank account)

Financial and business terms. 2012.