Meaning Of The Word Time deposit

Real Dictionary

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Time deposit Meaning

Time deposit Definition
Time deposit Definition

What's The Definition Of Time deposit?

time deposit in American English
a bank deposit payable at a specified future date or upon advance notice
noun: a deposit that can be withdrawn by the depositor only after giving advance notice or after an agreed period of time has elapsed

time deposit in British English
noun: a bank deposit from which withdrawals may be made only after advance notice or at a specified future date

time deposit in Finance
noun: A time deposit is money that has been placed in a bank account and cannot be withdrawn until a particular amount of time has passed.

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