time deposit(redirected from Term deposit)
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A bank deposit that cannot be withdrawn before a date specified at the time of deposit.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Banking & Finance) a bank deposit from which withdrawals may be made only after advance notice or at a specified future date. Compare demand deposit
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
a bank deposit that can be withdrawn without penalty only after a specified period of time.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||time deposit - a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date|
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.