Meaning

1 senses
  1. A type of interest-bearing bank or credit union account requiring the depositing of money into an account for a pre-agreed length of time, or a term.

More definitions
  • a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest

Forms

plural: time deposit accounts

Synonyms

1 synonyms
Close in meaning
  • a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest:deposit account

See also

neighbours in the dictionary

Dictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.

time deposit account — meaning, examples, forms, synonyms | Krumeto