fixed-term deposit

fixed-term deposit
sum of money deposited in the bank for a short period of time which is determined in advance

English contemporary dictionary. 2014.

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  • Fixed-term Deposit —    Deposits placed in the money markets with commercial banks for fixed periods by individuals, companies, banks or governments. These deposits are non negotiable. They cannot be transferred or cashed in before maturity. Maturities can vary from… …   Financial and business terms

  • term deposit — ➔ deposit1 * * * term deposit UK US noun [C or U] (also time deposit) ► BANKING, FINANCE an arrangement with a bank in which you have an account that pays interest, usually with money left in it for a fixed period of time: »They hold term… …   Financial and business terms

  • Fixed Term — Describes an investment vehicle, usually some kind of debt instrument, that has a fixed time period of investment. With a fixed term investment, the investor parts with his or her money for a specified period of time and is repaid his or her… …   Investment dictionary

  • Term Deposit — A deposit held at a financial institution that has a fixed term. These are generally short term with maturities ranging anywhere from a month to a few years. When a term deposit is purchased, the lender (the customer) understands that the money… …   Investment dictionary

  • term deposit — /ˈtɜm dəpɒzət/ (say term duhpozuht) noun a deposit held in a bank for a fixed term …  

  • term deposit — / tɜ:m dɪˌpɒzɪt/ noun money invested for a fixed period at a higher rate of interest …   Dictionary of banking and finance

  • deposit — ▪ I. deposit de‧pos‧it 1 [dɪˈpɒzt ǁ dɪˈpɑː ] noun 1. [countable] BANKING an amount of money paid into a bank account or held in a bank account, especially when it is earning interest: • Residents have some $4 billion in deposits in local… …   Financial and business terms

  • Deposit account — Deposits redirects here. For other uses, see Deposit (disambiguation). Banking A series on …   Wikipedia

  • Deposit Broker — An individual or firm that facilitates the placement of investors deposits with insured depository institutions. Deposit brokers offer investors an assortment of fixed term investment products, which earn low risk returns. Deposit brokers sell… …   Investment dictionary

  • term — The period of time during which a contract is in force. Bloomberg Financial Dictionary * * * ▪ I. term term 1 [tɜːm ǁ tɜːrm] noun 1. [countable] a word or expression that has a particular meaning, especially in a technical or scientific subject:… …   Financial and business terms

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