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deposit account

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
deposit account
n
(Economics, Accounting & Finance / Banking & Finance) Brit a bank account that earns interest and usually requires notice of withdrawal
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.deposit account - a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interestdeposit account - a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
savings account - a bank account that accumulates interest
Translations
deposit account
nSparkonto nt
deposit account nlibretto di risparmio


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If an individual, couple, or other entity has a checking, savings, or other form of deposit account at the same financial institution where they have a credit card, auto loan, mortgage, other debt account, that individual or entity has what can be considered a "banking conflict".
99 per cent, reduced interest rates on auto financing, and overdraft up to 90 per cent from the fixed deposit account.
One in five Britons say they have given up saving because the returns paid on deposit accounts are now so low, a survey showed today.
 
 
 
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