time deposit account


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Related to time deposit account: sight deposits
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Noun1.time 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 interesttime 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 interest
savings account - a bank account that accumulates interest
References in periodicals archive ?
63 in a time deposit account instead of using the funds for the specific purposes for which these were intended, contrary to the provisions of Section 1 of R.
In one memorable scene from the movie, Moore discovers how a bank in Michigan would give customers a free hunting rifle when they made a deposit of a certain size into a time deposit account.
But we found that likelihood of attrition declined as members had the following mix of accounts: 33% if they had a time deposit account, 10% with a checking account and a time deposit account, 2% with a mortgage, checking account and time deposit account and 1% with a mortgage, credit card, checking account and time deposit.
The euro investment sweep operates similarly, except it moves all end-of-day cash into an offshore euro time deposit account.
If the account is held in the name of time joint accountholders hut with the designation "transfer on death" (TOD) preceding the names of the beneficiaries, the securities held in the account would pass to the named beneficiaries without probate in the same manner as the funds in time deposit account.
The diplomat opened a savings account and time deposit account at one of the three banks in 1993 and 1994 and deposited money several times a month.
At the same time, Limlingan told the CA that the freezing of his dollar time deposit account violated Section 8 of Republic Act 6426 or the Foreign Currency Deposit Act of the Philippines.
The second peso time deposit account was opened in 2010 with a balance of P7.
Limlingan said the freezing of his dollar time deposit account was illegal and in violation of Section 8 of the Foreign Currency Deposit Act.
9, 2013); a CTBC trust account jointly owned by the couple (September 30, 2013), and a joint CTBC time deposit account (September 16, 2013).

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