Deposit

1. An amount of money held at a financial institution on behalf of an account holder for safekeeping. For example, one may keep a deposit in one's checking account to pay for daily expenses instead of hiding one's money "under the mattress." Many deposits are insured by organizations like the FDIC to reduce their risk.

2. See: Earnest Money.

deposit

Money paid to ensure performance under a written or oral contract.Many states require that lease and other such deposits be maintained in escrow accounts and earn interest which must be paid to the party when the deposit is refunded.All real estate brokers must place earnest money deposits in escrow accounts. One must carefully examine the particular contract language relative to deposits in order to determine the circumstances under which they may be withheld from the depositor.

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References in periodicals archive

A descriptive analysis suggests that on average there are 240 bank depositors out of 1,000 adult in Pakistan.

Lack of access to banking facilities exacerbates economic woes

That, again, didn't happen and the six-month extension turned into another year of pain and sorrow for the depositors.

Questions in SBM's buyout of Chase Bank that need answers

Establishment of a formal deposit protection scheme will be beneficial for Pakistan as it will build up sizable funds, through premium payments from banks that can be used to provide immediate liquidity to small depositors in case of a bank failure, said the SBP.

SBP launches deposit protection mechanism

Under Section 97 of the Chapter of the National Internal Revenue Code on estate taxes, it is provided that all bank withdrawal slips shall contain a statement to the effect that all of the joint depositors are still living at the time of withdrawal by any one of the joint depositors and such statement shall be under oath by said depositors.

Joint deposit accounts

No likelihood of bail in for over 98 percent of depositors. Remaining also subject to bail in if the depositors consent," Garg tweeted.

No likelihood of bail-in for over 98% depositors: DEA Secretary

Companies from every part of the world find that thorough trials, often using their own local raw materials and moulds from their production scale depositor, provide a reliable basis for trouble-free commissioning of a new plant or launch of a new product range.

Enhanced confectionery development capability

* Depositor 1 receives signals about his consumption type and productivity.

Withdrawal history, private information, and bank runs

For those of us in marketing, this means we will be courting depositors with more zeal and paying more attention to their concerns.

Now is the time to stay on message

There was concern even if the country did honour the agreement, there was not enough money in the depositor protection scheme to cover payouts.

Icelandic Government agrees to honour its depositor scheme; In association with www.rbs.co.uk

But in the aftermath of the Icesave collapse, Iceland appeared to be planning to compensate domestic depositors but not foreign ones.

Iceland thaw on bank payout

The Government of Iceland announced on Monday (13 October) that the Dutch and Icelandic governments have agreed on a solution regarding the Dutch depositors of Landsbanki IceSave savings accounts.

Dutch and Icelandic governments reach solution regarding IceSave