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View synonyms for time deposit

time deposit

noun

, Banking.
  1. a deposit that can be withdrawn by the depositor only after giving advance notice or after an agreed period of time has elapsed.

time deposit

noun

  1. See demand deposit
    a bank deposit from which withdrawals may be made only after advance notice or at a specified future date Compare demand deposit

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Word History and Origins

Origin of time deposit1

An Americanism dating back to 1850–55

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gallimaufry

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