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
An overdraft fee is charged when the bank or credit union covers a deposit account holder’s transaction — a payment, withdrawal, debit or transfer when there is not enough money in that account.
—
Jordan Valinsky, CNN, 12 Dec. 2024
Relationship discount Flagstar customers who sign up for autopay using a Flagstar deposit account can qualify for a 0.25% discount on a home equity loan or HELOC.
—Kelsey Neubauer, CNBC, 27 Nov. 2024
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
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Jordan Valinsky, CNN, 12 Dec. 2024
Relationship discount Flagstar customers who sign up for autopay using a Flagstar deposit account can qualify for a 0.25% discount on a home equity loan or HELOC.
—Kelsey Neubauer, CNBC, 27 Nov. 2024
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
Dictionary Entries Near deposit account
Cite this Entry
“Deposit account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deposit%20account. Accessed 21 Dec. 2024.
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