direct deposit

noun

: a method of payment in which money is transferred to the payee's account without the use of checks or cash

Examples of direct deposit in a Sentence

Our employees are paid by direct deposit.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The easiest way for most beneficiaries to update their address or direct deposit information is online with their my Social Security account. Medora Lee, USA TODAY, 26 Feb. 2025 If your direct deposit information or current mailing address are up to date with the agency, no action is needed, according to the SSA. Lorie Konish, CNBC, 26 Feb. 2025 Moreover, remember that electronic filings are processed faster than paper returns, so take advantage of online tax software and direct deposit options. Shahar Ziv, Forbes, 26 Feb. 2025 Within the first week of filing, around 28% of the 11.7 million returns processed resulted in direct deposit refunds. Brittney Melton, NPR, 19 Feb. 2025 See All Example Sentences for direct deposit

Word History

First Known Use

1974, in the meaning defined above

Time Traveler
The first known use of direct deposit was in 1974

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Cite this Entry

“Direct deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20deposit. Accessed 2 Mar. 2025.

Last Updated: - Updated example sentences
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