deposit

IPA: dʌpˈɑzɪt

noun

  • (geology) Sediment or rock that is not native to its present location or is different from the surrounding material. Sometimes refers to ore or gems.
  • That which is placed anywhere, or in anyone's hands, for safekeeping; something entrusted to the care of another.
  • (banking) Money placed in an account.
  • Anything left behind on a surface.
  • (finance) A sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase.
  • A sum of money given as a security for a borrowed item, which will be given back when the item is returned, e.g. a bottle deposit or can deposit
  • A place of deposit; a depository.

verb

  • (transitive) To lay down; to place; to put.
  • To lay up or away for safekeeping; to put up; to store.
  • To entrust one's assets to the care of another. Sometimes done as collateral.
  • (transitive) To put money or funds into an account.
  • To lay aside; to rid oneself of.
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Examples of "deposit" in Sentences

  • You earn higher interest only on the period that the money was in the term deposit.
  • In our case, the term deposit actually paid more interest than the loan was charging.
  • Logically, then, the fed-funds rate will mechanically shadow the term deposit auction rate.
  • The bank didn't have any problems giving us the loan because they were holding the term deposit as collateral.
  • He said more than 500 firms have registered for the term deposit facility and the New York Fed has added 58 money market funds as counterparties for reverse repurchase agreements.
  • Since 2000, the daily correlation between the one-month Treasury repo rate and the fed-funds rate is nearly a perfect 1.0, meaning that the reverse repo strategy is functionally equivalent to the term deposit strategy.
  • We think Bernanke will again stress that the discount rate increase and the test of a couple of new instruments like the term deposit facility and the reverse repos doesn't mean that monetary policy is oriented towards tightening.
  • "The use of reverse repos and the term deposit facility would together allow the Federal Reserve to drain hundreds of billions of dollars of reserves from the banking system quite quickly, should it choose to do so," Bernanke said.
  • MUMBAI – State Bank of India late Thursday said it will increase interest rates on loans and a term deposit scheme with effect from Saturday, after its chairman hinted earlier in the day at a hike after the central bank's July monetary tightening.

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synonyms for depositdescribing words for deposit
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