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.
Between January 2013 and May 2018, fraudsters manipulated Social Security direct deposit information to divert $33.5 million in benefits from 20,878 recipients, according to audits by the SSA's Office of the Inspector General. Thomas G. Moukawsher, MSNBC Newsweek, 13 Apr. 2025 Starting April 14, applicants for retirement benefits and those who need to change their direct deposit information must either go online or trek to an office. Emily Peck, Axios, 8 Apr. 2025 For the first time ever, the 74-year-old retiree went online in March on the very day that $2,800 was to hit her bank account through direct deposit. Susan Tompor, USA Today, 8 Apr. 2025 The agency said most payments were expected to arrive via direct deposit or paper check by late January 2025, based on the taxpayer’s 2023 tax return information. Kate Dore, Cfp®, Ea, CNBC, 4 Apr. 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

Browse Nearby Words

Cite this Entry

“Direct deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20deposit. Accessed 22 Apr. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!