time deposit


Also found in: Thesaurus, Financial, Wikipedia.
Related to 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A bank deposit that cannot be withdrawn before a date specified at the time of deposit.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a bank deposit that can be withdrawn without penalty only after a specified period of time.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 classic literature ?
He had good teeth, and something affable, when he pleased, in his smile; though naturally his countenance, as well as his air and voice, had much of roughness in it: yet he could at any time deposit this, and appear all gentleness and good-humour.
The 12-month time deposit rate remained unchanged at 1.
one third of twelve-month time deposits is converted into a three-month time deposit maturing and automatically released at 30 October 2014;
As part of its ongoing gradual recovery and in order to normalize the maturity profile of its deposit base in Cyprus, the lender has proceeded with the release of the twelve-month time deposits as follows: one third of 12-month time deposits is immediately released and will become available in clients' current accounts; one third will be converted into a three-month time deposit maturing and automatically released on October 30, 2014, and one third of will be converted into a six-month time deposit maturing and being automatically released on January 30, 2015.
Meanwhile, major banks have trimmed their time deposit rates to just 0.
Citibank Korea, Inc (NYSE: C) has announced that it has launched a new time deposit.
Summary: Abu Dhabi Islamic Bank (ADIB) has announced plans to celebrate this year's UAE National Day with an innovative programme that sees the bank offer a 0% profit rate to new VISA Covered Card customers and an increased profit rate for new Time Deposit customers, both for a period of 37 weeks (nine months).
NCB has announced Real Time Deposit, a remote deposit capture product, and the bank's latest progression in providing its business customers the most complete and convenient suite of business banking services.
15 percent bonus on time deposit accounts with a maturity of one year or more.
The euro investment sweep operates similarly, except it moves all end-of-day cash into an offshore euro time deposit account.
The most dramatic difference was in the small time deposit category in which capital constrained institutions reduced their balances by nearly 10 percent in contrast with nonconstrained institutions that increased their small time deposit liabilities by about 2.
Additional information about Union Bank's foreign currency time deposit investment is available on the attached podcast featuring Union Bank Vice President and Foreign Exchange Advisor Kate McNally.

Full browser ?