English Dictionary |
DEPOSIT ACCOUNT
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Dictionary entry overview: What does deposit account mean?
• DEPOSIT ACCOUNT (noun)
The noun DEPOSIT ACCOUNT has 1 sense:
1. 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
Familiarity information: DEPOSIT ACCOUNT used as a noun is very rare.
Dictionary entry details
Sense 1
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
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
deposit account; time deposit account
Hypernyms ("deposit account" is a kind of...):
savings account (a bank account that accumulates interest)
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