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A deposit is the act of placing cash (or cash equivalent) with some entity, most commonly with a financial institution, such as a bank.. The deposit is a credit for the party (individual or organization) who placed it, and it may be taken back (withdrawn) in accordance with the terms agreed at time of deposit, transferred to some other party, or used for a purchase at a later date.
In oceanography, terrigenous sediments are those derived from the erosion of rocks on land; that is, they are derived from terrestrial (as opposed to marine) environments. [1] Consisting of sand , mud , and silt carried to sea by rivers , their composition is usually related to their source rocks; deposition of these sediments is largely ...
A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money.Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below.
The word bank was taken into Middle English from Middle French banque, from Old Italian banco, meaning "table", from Old High German banc, bank "bench, counter". Benches were used as makeshift desks or exchange counters during the Renaissance by Florentine bankers, who used to make their transactions atop desks covered by green tablecloths.
A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account.Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.
Terrigenous material includes minerals from the lithosphere like feldspar or quartz. Volcanism on land, wind blown sediments as well as particulates discharged from rivers can contribute to Hemipelagic deposits. [3] These deposits can be used to qualify climatic changes and identify changes in sediment provenances. [4] [5]
Deposit account, a bank account that allows money to be deposited and withdrawn by the account holder Demand deposit , the funds held in demand deposit accounts in commercial banks Damage deposit , a sum of money paid in relation to a rented item or property to ensure it is returned in good condition
Loans create deposits: for the banking system as a whole, drawing down a bank loan by a non-bank borrower creates new deposits (and the repayment of a bank loan destroys deposits). So while the quantity of bank loans may not equal deposits in an economy, a deposit is the logical concomitant of a loan – banks do not need to increase deposits ...