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Definition of Time deposit
1. Noun. A certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date.
Definition of Time deposit
1. Noun. a deposit in a bank that cannot be withdrawn before a specified date ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Time Deposit
Literary usage of Time deposit
Below you will find example usage of this term as found in modern and/or classical literature:
1. America's Great Depression by Murray Newton Rothbard (2000)
"For a time deposit is also convertible into money at par on demand, and is
therefore worthy of the status of money. Opponents argue (1) that a bank may ..."
2. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1904)
"... at the solicitation of an officer of the bank, and with no consideration moving
to him, changed it to a time deposit bearing no interest. ..."
3. Practical Bank Operation by Loyd Helvetius Langston, First National City Bank of New York (1921)
"When a customer who has a time deposit account wishes to make a withdrawal he
... Upon receipt of this notice the customer's time deposit account is charged ..."
4. The Federal Reserve Act: A Discussion of the Principles and Operations of by Clarence Walker Barron (1914)
"Indeed, he need only start with a ""time deposit," payable after thirty days,
and thereafter all his deposit is "time deposit." Such a practice extended ..."
5. Banking and Credit: A Textbook for Colleges and Schools of Business by Davis Rich Dewey, Martin Joseph Shugrue (1922)
"... time deposit accounts on which interest is allowed ... time deposit accounts
on which no interest is allowed ..."
Other Resources:
