Bank on phrasal verb definition and synonyms macmillan. Learn vocabulary, terms, and more with flashcards, games, and other study tools. A time deposit also known as a term deposit is a money deposit at a bank that cannot be withdrawn for a certain term or period of time. If you deposit money in a bank account, you put it there. An example of deposit is the gold left in the bottom gravel of the stream. Bank deposit definition is any funds credited to a depositors account by a bank. When the term is over it can be withdrawn, or it can be held for another term. Bank deposit definition, money placed in a bank against which the depositor.
Definition of bank on phrasal verb from the oxford advanced learners dictionary. Bank deposit definition of bank deposit by merriamwebster. An example of deposit is someone putting money in their bank account. Deposit definition is to place especially for safekeeping or as a pledge. That begs the question as to whether our money would be safer under the mattress or in a bank deposit account than invested in shares, unit trusts or pension schemes. When banks and credit unions refer to deposits, they are talking about the money in your accounts, which theyre holding for you for. Bank deposit definition, money placed in a bank against which the depositor can withdraw under prescribed conditions. A book held by a depositor in which his or her deposits and withdrawals are recorded by the bank. Jan 16, 2020 the word deposit means to place something somewhere.
Bank charges are all the fees a bank requires you to pay in exchange for its services using a credit or a debit card, making transactions, taking out loans. To print the lesson on learning about bank vocabulary using pictures. Definition and synonyms of bank on from the online english dictionary from macmillan education. There are a lot of different types of accounts and transactions. The customer has to deposit a minimum amount of money monthly.
As a financial term, a deposit is money youve placed at the bank for safekeeping. Deposit verb definition and synonyms macmillan dictionary. In that sentence, deposit is a noun, but you could express the same action using deposit as a verb. Depending on the country or the financial institution, it can be of the dimensions of a chequebook or a passport. Bank deposit definition and meaning collins english dictionary. Deposit meaning of deposit by lexico oxford dictionaries. The bank where a check is initially deposited to an account. Deposit accounts can be savings accounts, current accounts or many other typed of bank account. When you are financing such investments, bank charges and any interest payments are typically deductible in the year in which they are paid. Bank deposit definition of bank deposit by the free dictionary. Some banks may charge a fee for this service, while others may pay the cu. The longer the term, the better the yield on the money. Deposit meaning in the cambridge english dictionary. The definition of a deposit is something left for a specific purpose such.
Thats why we put together this list of english banking words. He said it had also been agreed to have a book bank at the site. Did you collect all of last weeks words, but eftsoons forget what they mean. Many translated example sentences containing bank deposit slip french english dictionary and search engine for french translations. The verb deposit can be used to refer to anything that you put down or in place. Deposit definition and meaning collins english dictionary. You are making a deposit when you put money into your bank account. Bank in phrasal verb definition and synonyms macmillan.
It is common sense that citizens will not deposit money in banks for such minimal interest earnings. Cash is money in the form of notes and coins rather than cheques. Phrasal verbs ac phrasal verbs dg phrasal verbs hp phrasal verbs rz phrasal verbs quizzes. Generally, there are significant penalties for early withdrawal. Use our search box to check present tense, present participle tense, past tense and past participle tense of desired verb. Transactions on deposit accounts are recorded in the banks books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. A deposit account is a bank account maintained by a financial institution in which a customer can deposit money and which can be withdrawn. A passbook or bankbook is a paper book used to record bank transactions on a deposit account.
Deposit definition, to place for safekeeping or in trust, especially in a bank account. A bank deposit slip is a form supplied by your bank that needs to be filled out when depositing money into your account. Learn word bank verbs with free interactive flashcards. Bank deposit meaning in the cambridge english dictionary. Deposit noun definition and synonyms macmillan dictionary.
These deposits are made to deposit accounts such as savings accounts, checking accounts and money market accounts. For centuries and centuries, after slowly giving up bartering, our ancestors used the money that people had to earn and save, in order to be able to spend it, buying the goods they needed. Barclays bank a bank loan b a slope made at a bend in a road or racetrack to make it safer for cars to go around bottle bank, food bank, memory bank collocations verbs go to the bank i went to the bank and took out. You want to be sure that you are explaining yourself properly, because making a mistake could cost you a lot of. Managing your money in another language can be even more complicated. Cash definition and meaning collins english dictionary. Deposit dictionary definition deposit defined yourdictionary. A deposit account in which amounts over a certain balance are automatically transferred to another account pursuant to a predetermined set of arrangements. Bankbook definition of bankbook by the free dictionary.
See verb table origin deposit2 15001600 latin depositus, past participle of deponere. If the check is drawn on the same bank, it is an onus check that can be settled inhouse. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Definition and synonyms of deposit from the online english dictionary from macmillan education. Bank charges money to be paid to the bank to use certain services or as a fine if a mistake is made. English vocabulary for the bank really learn english. Change your default dictionary to american english. A sum of money given as a security for a borrowed item, which will be given back when the item is returned, e. View american english definition of bank in change your default dictionary to american english. He chose his bank carefully, by looking not only at the interest rates, but also at all the bank charges.
Definition of bank on phrasal verb in oxford advanced learners dictionary. Bank charges can also be referred to as commissions. What are bank deposit slips and how to fill one in finder. The american expression is stop payment on a check. In banking, the verbs deposit and withdrawal mean a customer paying money into, and taking money out of, an account, respectively. Bank deposits consist of money placed into banking institutions for safekeeping. Deposit definition in the cambridge english dictionary. You can click on the printer icon just below and to the right of the contact us menu button at the top of the page. What are bank deposit slips and how to fill one in. My current bank deposit account interest rate has just been cut again. Choose from 500 different sets of word bank verbs flashcards on quizlet. A trip to the bank requires specialized vocabulary no matter what language you speak. Definition and synonyms of bank in from the online english dictionary from macmillan education this is the british english definition of bank in.
581 1055 974 894 236 919 166 420 1337 606 1090 481 811 294 1116 237 1251 1410 430 1414 305 784 208 1114 180 822 1382 1470 1318 554 90 1436 1527 456 307 1190 1453 1253 1137 199 959 1136