deposit account

noun

chiefly British

: a bank account in which people keep money that they want to save : savings account

Examples of deposit account in a Sentence

Recent Examples on the Web

Attorney then talked the two into taking $90,000 out of a deposit account that was being used to pay nursing home expenses, and instead place it into a Mutual Fund. —Jay Adkisson, Forbes, 21 Oct. 2024

Bank of America researchers looked at aggregated and anonymized internal deposit account data across millions of customers to track job-to-job (J2J) moves. —Bysheryl Estrada, Fortune, 5 July 2024

Changes to bank deposit account agreements are common—many banks have used them to restrict customers’ ability to settle disputes in court, instead mandating arbitration. —Alana Semuels, TIME, 13 June 2024

An advisory opinion pointed to fees tied to consumer inquiries about deposit account balances and the amount needed to pay off loans, among other things. —Paul Davis, Forbes, 29 Nov. 2023

To complete transactions, both senders and receivers must have a deposit account that’s connected to the system. —Kristin Broughton, WSJ, 2 Nov. 2023

Madeline Marshall Right now, the only way to escape high interest rates is by opening a deposit account to try to benefit from them. —Jon Sindreu, WSJ, 13 July 2023

The bank will either put funds into your deposit account or will send you a check. —Matt Egan, CNN, 11 July 2023

Cash that is not in a deposit account is not protected by FDIC insurance. —Virginia Hammerle, Dallas News, 25 June 2023