Make haste, say they can put him down to my deposit account.
And then if the bank really did lock up his deposit account, and his securities became unsaleable!
When he borrows, he gets a "credit" on his deposit account, but makes no "deposit" that would get into Kinley's figures.
The deposit account itself represents investment,—by trustees on behalf of the depositors.
The Post Office will supply books for depositors and permit a deposit account to be opened without any limit.
But, on writing up our books that night, we found that our deposit account had diminished about sixty-five thousand dollars.
Fortunately, I had my chequebook with me, or otherwise my deposit account would have been overdrawn by a thousand.
The error consists in supposing that a man's deposit account at any time varies with the amount of money in his possession.
In the first place, he would receive no interest upon his deposit account.
Customers place money with them either on current or deposit account.