time deposit

(redirected from Domestic time deposit)
Also found in: Thesaurus, Financial.
Related to Domestic time deposit: time deposit account

time deposit

n.
A bank deposit that cannot be withdrawn before a date specified at the time of deposit.

time deposit

n
(Banking & Finance) a bank deposit from which withdrawals may be made only after advance notice or at a specified future date. Compare demand deposit

time′ depos`it



n.
a bank deposit that can be withdrawn without penalty only after a specified period of time.
[1850–55, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.time deposit - a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date
certificate of deposit, CD - a debt instrument issued by a bank; usually pays interest
Translations
Termineinlage
References in periodicals archive ?
domestic deposit rates are lower than comparable maturity Eurodollar deposit rates because domestic time deposits are subject to Federal Reserve Bank reserve requirements and Federal Deposit Insurance Corporation (FDIC) fees and Eurodollar deposits are not.

Full browser ?