Guidelines, that has been classified by any bank as a deposit, but which does not fall within the definition of “deposit” in section 4b of the banking act. Noun 1 bank deposit - money deposited in a bank or some similar institution deposit fund bank deposit - definition of bank deposit by the free dictionary. Definition of bank in the legal dictionary - by free online english dictionary and encyclopedia what is bank meaning of bank as a legal term what does bank mean in law. Meaning of bank pass book: when a customer deposits money and cheques into his bank account or bank pass book: meaning, format and causes for disagreement.
Commercial bank: meaning, types and function (1797 gives a still more detailed definition of a bank nowadays a bank accepts three kinds of deposits from its. The banking system and the money multiplier m1 is the narrowest definition of the fdic established a federally guaranteed insurance fund for bank deposits. Definition of deposit - a sum of money paid into a bank or building society account, a sum payable as a first instalment on the purchase of something or a. Commercial bank: definition, function, credit creation and significances meaning of commercial banks: a commercial bank is a financial institution which performs the functions of.
Definition of bank: receives demand deposits and time deposits, honors instruments drawn on them, and pays interest on them discounts notes, makes loans. Deposit maturity meaning: in deposit terminology, the term deposit maturity usually refers to the date at which a certificate of deposit or cd reaches the last date of its term. A bank reserve is the currency deposit which is not the required reserves represent the amount of funds a bank must hold in its cash vault or deposit with the.
Investment deposits are accepted for a fixed period of time or term and are governed by the mudarabah contract with the bank when deposits bank contributes its. Definition of call deposit account: a type of account whereby a bank customer and / or investor who has accounts at that firm may make deposits or withdrawals any time.
Definition of bank in the financial dictionary bank a deposit-taking institution which is licensed by the monetary authorities of a country. Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities.
Define deposit deposit synonyms, deposit pronunciation, deposit translation, english dictionary definition of deposit v de os t d , de os t ng , de os ts v tr 1. When a company deposits cash with a bank, the bank records a liability on its balance sheet, representing the obligation to repay the depositor, usually on demand. Definition of deposit in the legal 1 the actofplacing money with a bank thus, a deposit account is a bank account that pays interest but that imposes the. Bank capital is the value of the bank's assets minus its liabilities, or debts assets include cash, loans and securities, while liabilities cover customer deposits, and money owed to other. Definition of 'bank deposits' money placed into a banking institution for safekeeping bank deposits are made to deposit accounts at a banking institution, such as savings accounts, checking. The legal definition of bank is a corporation empowered to deal with cash, domestic and foreign, and to receive the deposits of money and to loan those monies to third-parties.