Credit cards Business credit cards Auto Loans Home Loans Auto insurance
bank online

That is 'Deposit' | Information 2019 - What is it?

  The deposit - a financial condition which has repeated definitions. The first definition - the transaction including transfer of funds to other party for safety. The second definition - part of funds which is used as safety or property pledge for delivery of advantage.

2019 - Deposit

Deposit, Information - 2019

Similar questions:

DESTRUCTION of 'deposit' | Information 2019 - What is it?

  The deposit covers two various values. One type of the deposit includes transfer of funds to other party for safety. Using this definition, the deposit belongs to money which the investor transfers in savings or the current account which is carried out in bank or the credit union. The deposit can be made by people or the enterprises, such as corporations. In this use the money deposited still belongs to the person or the enterprise which placed money, and that person or the enterprise can take away money at any time, transfer to their account of other person or use money to buy goods.

Often, the person has to bring a certain quantity of money to open the new bank account known as the minimum contribution. Entering of money into a typical current account prepares as the operational deposit that means that funds are immediately available also liquid without any delays.

Other definition of the deposit concerns to when the part of funds is used as safety or property pledge for delivery of advantage. Some contracts demand percent of the funds paid before delivery as an honest act. For example, broker firms often demand that dealers made the initial deposit of edge to enter the new future contract.

  Deposits are also required on many big purchases, such as real estate or vehicles concerning which sellers demand payment plans. Financing of the companies, as a rule, established these deposits in a certain percent from all-round purchase price, and people usually know these types of deposits as advance payments. In case of rents the deposit is called a mortgage contribution. The mortgage contribution covers expenses on any potential, damages the paid made to property during the term of rent and sometimes.

Percent on deposits

When the person places money in the bank account, they bring percent. It means that in the fixed intervals the small percent of total of the account is already added for the sum of money in the account. Interest can come to the agreement on various rates and frequencies depending on bank or institution. Fixed deposits, CD and other accounts which limit refusals, offer higher interest rate which allows you to save more money more quickly.

Mon, 21 Jan 2019 15:39 GMTThe Middle East's largest public company isn't worried about China's growth slowdownMon, 21 Jan 2019 14:22 GMTFiat Chrysler CEO Mike Manley's first 6 months has been bumpy after Marchionne's unexpected deathMon, 21 Jan 2019 14:00 GMTGoogle is the most popular search engine in most of the world except Russia — here's whyMon, 21 Jan 2019 11:00 GMTAll the $100,000 Lincoln Continental sedans with 'suicide doors' sold out in two daysMon, 21 Jan 2019 09:38 GMTRussia opens civil proceedings against Facebook and TwitterMon, 21 Jan 2019 07:21 GMTEuropean stocks close lower after China posts slowest growth in nearly three decadesMon, 21 Jan 2019 07:11 GMTTax cuts could be the 'front line' of China's fight against slowing growth, experts sayMon, 21 Jan 2019 05:35 GMTHuawei launches a PR offensive — but it may face a 'literally impossible' taskMon, 21 Jan 2019 01:39 GMTChina's economy grew 6.6% in 2018, the lowest pace in 28 yearsMon, 21 Jan 2019 00:01 GMTBarclays-backed online lender MarketInvoice gets $72 million in fundingMon, 21 Jan 2019 00:01 GMTThese are the top 10 LGBT-inclusive employers in the UK right nowSun, 20 Jan 2019 20:00 GMTCarlos Ghosn makes new request for bail, offering up passports and Nissan stock as collateralSun, 20 Jan 2019 18:00 GMTThe 2019 Nissan Rogue isn't exciting but it's a great crossover with good semi-autonomous drivingSun, 20 Jan 2019 16:39 GMTGiuliani says discussions on Trump Tower in Moscow were 'active' throughout 2016 electionSun, 20 Jan 2019 14:49 GMTSandberg admits to Facebook stumbles, says 'we need to do better' after rough yearSun, 20 Jan 2019 12:05 GMTBarack Obama became president at a dark time in America's economy. Watch CNBC's coverageSat, 19 Jan 2019 21:00 GMTToyota, Paccar team up on clean hydrogen tech that Elon Musk and others dismiss as 'fool cells'Sat, 19 Jan 2019 17:45 GMTInvestors betting against Tesla's stock have had 7 really good days. Here's what's behind themSat, 19 Jan 2019 14:00 GMTLenders promise savings on student loans, but here's why the reality is different than advertisedFri, 18 Jan 2019 23:10 GMTCramer's game plan: This week, forecasts are more important than earningsFri, 18 Jan 2019 20:57 GMTFacebook is making another attempt to win back teensFri, 18 Jan 2019 19:48 GMTFTC is reportedly considering a 'record-setting fine' against FacebookFri, 18 Jan 2019 18:48 GMTR. Kelly, Sony reported to be parting waysFri, 18 Jan 2019 18:30 GMTFerrero, Hostess, B&G Foods bid on Kellogg's Keebler and Famous Amos cookie businessFri, 18 Jan 2019 18:26 GMTTesla has $920 million in debt that's coming due — and it could wipe out a large chunk of its cashFri, 18 Jan 2019 17:53 GMTEarly investor defends Tesla as shares tank: Musk created 'the iPhone of the electric-car market'Fri, 18 Jan 2019 17:46 GMTWinter storm grounds more than 2,000 flights, BWI closes a checkpoint due to TSA staffing shortageFri, 18 Jan 2019 17:38 GMTTrump's dismal popularity among foreigners may be costing the US billions in exportsFri, 18 Jan 2019 16:53 GMTMicrosoft, which once hoped to bury the iPhone and Android, is instead killing off its Windows phoneFri, 18 Jan 2019 14:46 GMTNBA steps up its global plans to take basketball to new markets

Warning About Refusal! The information on our website may be out-of-date and not official. For more information, please visit the Bank's official website.
For credit, insurance and account opening issues, please contact the Bank's consultant by phone. Thank you for using our site.

If we don 't have accurate information or it is out-of-date, please notify us by E-mail.

Leave your comment or question: