Time deposit

Interest-bearing deposit at a savings institution that has a specific maturity. Related: certificate of deposit. The New York Times Financial Glossary

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   ► See CD.

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time deposit UK US noun [C] (also fixed deposit) BANKING, FINANCE
a financial arrangement in which you put money in a bank account to earn interest for a fixed period of time: »

They offer 2.7% on a one-year time deposit and 3.2% for a five-year time deposit.


Financial and business terms. 2012.

Look at other dictionaries:

  • time deposit — see deposit 2a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. time deposit n …   Law dictionary

  • time deposit — ☆ time deposit n. a bank deposit payable at a specified future date or upon advance notice …   English World dictionary

  • Time deposit — For an article more specific to the United States, see Certificate of deposit. Banking A se …   Wikipedia

  • time deposit — A deposit with a specific maturity. Usually, but not always, a certificate of deposit. American Banker Glossary Interest bearing deposit at a savings institution that has a specific maturity. Related: Certificate of deposit . Bloomberg Financial… …   Financial and business terms

  • time deposit — A deposit of money in an interest bearing account for a specified period. In the USA, a time deposit requires at least 30 days notice of withdrawal …   Big dictionary of business and management

  • time deposit — time′ depos it n. bus a bank deposit that can be withdrawn without penalty only after a specified period of time • Etymology: 1850–55, amer …   From formal English to slang

  • time deposit — Banking. a deposit that can be withdrawn by the depositor only after giving advance notice or after an agreed period of time has elapsed. [1850 55, Amer.] * * * …   Universalium

  • time deposit — /ˈtaɪm dəpɒzət/ (say tuym duhpozuht) noun a deposit that can be withdrawn by the depositor only after the depositor has given advance notice, or after a period of time agreed upon has elapsed …   Australian English dictionary

  • time deposit — noun a deposit in a bank that cannot be withdrawn before a specified date Syn: term deposit …   Wiktionary

  • time deposit — Fin a U.S. savings account or a certificate of deposit, issued by a financial institution. While the savings account is for a fixed term, deposits are accepted with the understanding that withdrawals may be made subject to a period of notice.… …   The ultimate business dictionary

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