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deposit account
(redirected from bank deposit)

    Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.03 sec.

deposit account

Either of two basic bank deposit accounts. The demand deposit is payable on demand (see check). Theoretically, the time deposit is payable only after a fixed interval of time; in practice, withdrawals from most small time-deposit accounts are paid on demand.
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He had on him a bank deposit slip from a nearby Bank of America branch.
PUBLIC'S HELP SOUGHT IN IDENTIFYING DEAD MAN by Daily News (Los Angeles, CA)
One day in early May, after completing a number of projects without making a bank deposit, McAnally stopped at a convenience store in Elk City to purchase gasoline.
Honesty can still be found by Lee, Robert W. / The New American
5% Reserves (US$ millions) November 03 16,181 Dollar Value (Bolivar (d)) January 23 1,597 INTEREST RATE: Bank deposit rate.
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