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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a deposit that can be withdrawn by the depositor only after giving advance notice or after an agreed period of time has elapsed.
Origin
1850-1855
1850-55, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for time deposit

time deposit

noun
1.
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 & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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