bank deposit

American  

noun

1. money placed in a bank against which the depositor can withdraw under prescribed conditions.

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Etymology

Origin of bank deposit

First recorded in 1825–35

Example Sentences

He said that having bank deposits will meaningfully reduce risk related to private-credit exposure.

From MarketWatch

Unlike a mutual fund or a bank deposit, most of these closed-end funds limit the amount that investors can withdraw each quarter.

From The Wall Street Journal

Treasuries, overnight reverse Treasury repurchase agreements, and bank deposits.

From Barron's

Meanwhile, household bank deposits have ballooned to record levels in recent years.

From MarketWatch

When tax receipts flow into the Treasury General Account, funds are pulled out of the banking system, reducing bank deposits at the Fed and vice versa.

From Barron's