deposit money

noun

Banking.

1. checks, letters of credit, etc., that circulate and are payable on demand.

Word History and Origins

Origin of deposit money¹

First recorded in 1815–25

Example Sentences

Small boat passengers can deposit money for their crossing in holding accounts in the UK and elsewhere using "hawala" brokers.

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Also, if you want to bet on Polymarket, you can’t just deposit money from your bank account or credit card and start placing bets.

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Individuals can deposit money to a hawala broker in one country, and a recipient withdraws it from a broker in another country, using a code.

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Meanwhile, he used the deposit money to bankroll expensive purchases, authorities say, including a yacht, a pontoon boat, two Mercedes-Benz automobiles, two Ford pickup trucks, a recreation vehicle, a tractor, three ATVs and fishing equipment.

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When negative rates are in force people have to pay to deposit money in a bank.

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