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deposit account

   Also found in: Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.02 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 accountdeposit 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
deposit account nlibretto di risparmio


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? Mentioned in ? References in periodicals archive
 
Depository institutions sometimes provide overdraft services to deposit account customers as an alternative to a traditional overdraft line of credit.
The new program is called the Certificate of Deposit Account Registry Service - known as CDARS.
On receiving the $89 million headlease prepayment, FM deposits $54 million into a deposit account with an affiliate of BK1 and $6 million into a deposit account with an affiliate of BK2.
 
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