time deposit

American  

noun

Banking.

1. a deposit that can be withdrawn by the depositor only after giving advance notice or after an agreed period of time has elapsed.

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time deposit British  

noun

1. a bank deposit from which withdrawals may be made only after advance notice or at a specified future date Compare demand deposit

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Etymology

Origin of time deposit

An Americanism dating back to 1850–55

Compare meaning

How does time-deposit compare to similar and commonly confused words? Explore the most common comparisons:

• demand deposit vs. time deposit

Example Sentences

She may be more likely to deposit the check.

From MarketWatch • Apr. 27, 2026

Mumbai has emerged as one of the most popular places to deposit cargoes, leading to congestion.

From The Wall Street Journal • Mar. 13, 2026

"Meanwhile, a blocking high pressure system over northern Europe has slowed or stalled these low-pressure systems allowing successive weather fronts to deposit rain on the UK," said the spokesperson.

From BBC • Feb. 19, 2026

An attendant kept track of each seller's position in the queue, and helped to deposit ornate pendants, hammered rings and commemorative coins into an opening in the device.

From Barron's • Feb. 1, 2026

Then there was the business of death, the complexity of how to deposit a badly burned corpse into the ground of a National Cemetery as quickly and with as much dignity as possible.

From "The Great Santini" by Pat Conroy