Bank deposit
money placed in a bank against which the depositor can withdraw under prescribed conditions.
Historical Examples
For the same reasons a higher rate of interest is charged on a promissory note than on a bank deposit certificate.
Distributive Justice John A. (John Augustine) Ryan
Her bank deposit is her own, and her earnings can not be taken by her husband or his creditors.
The History of Woman Suffrage, Volume IV Various
What with my bank deposit and the sale of my home, Dick brought me back nine thousand dollars in cash.
Curly Roger Pocock
A bank deposit by an officer is at the risk of himself and his securities.
Thirty Years’ View (Vol. II of 2) Thomas Hart Benton
But she knew cursed well George was after the bank deposit, and kept him galloping.
Richard Carvel, Complete Winston Churchill
Adrian planned to hand his son the bank deposit book across the gang plank as the ship cast off.
Port O’ Gold Louis John Stellman
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the protection of bank deposits against the insolvency of banks in the U.S., up to a specified maximum per account that is revised periodically, under special insurance through the Federal Deposit Insurance Corporation.
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interest on a loan, deducted in advance from the face value of the note. noun interest on a loan deducted from the principal amount when the loan is made and based on the loan’s face value
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a draft drawn by one bank on another. Historical Examples It will save a lot of trouble if you will have the bank draft made out in my name. Doris Force at Locked Gates Julia K. Duncan bank draft—An order drawn by one bank on another for the purpose of paying money. Cyclopedia of Commerce, […]
- Bank examiner
a public official appointed under U.S. state or federal laws to inspect and audit the operations and accounts of banks in the examiner’s jurisdiction. Historical Examples The bank examiner, Gard recalled, had steadily given the Second National a clean bill of health. Uncle Sam Detective William Atherton Du Puy By my authority as bank examiner, […]
- Bank giro
noun a British giro system operated by clearing banks to enable customers to pay sums of money to others by credit transfer