Meaning Of The Word Time deposit

Real Dictionary

What's the definition of Time deposit? Find Time deposit meanings, definitions and more at the Real Dictionary online.

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noun: a deposit that can be withdrawn by the depositor only after giving advance notice or after an agreed period of time has elapsed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noun: A time deposit is money that has been placed in a bank account and cannot be withdrawn until a particular amount of time has passed.

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