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A deposit account is a bank account ... a depositor depositing $100 in cash into a checking account at a bank in the United States surrenders legal title to the $100 ...
Legal deposit is a legal requirement that a person or group submit copies of their publications to a repository, usually a library. The number of copies required ...
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 The deposit is a credit for the party (individual or organization) who placed it, and it may be taken back (withdrawn) in accordance with the terms agreed at time of deposit, transferred to some other party, or used for a purchase at a later date.
A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.
Definition, how it works. Sarah Sharkey. ... A savings account is a basic type of deposit account that enables you to deposit your money while typically earning a small to modest amount of interest.
In most legal systems, a deposit of funds in a bank is not a bailment; that is, the actual funds deposited by a person in a bank cease to be the property of the depositor and become the property of the bank. The depositor acquires a claim against the bank for the sum deposited but not to the actual cash handed over to the bank.
A certificate of deposit (CD) is an example of a time deposit account. CDs come with terms that typically range from three months to 10 years. CDs come with terms that typically range from three ...
What counts as "suspicious" is a moving target, and law enforcement agencies have expanded the definition over the years. Delaney's bank dinged him because he made regular deposits under $10,000 ...