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  2. Accounting for leases in the United States - Wikipedia

    en.wikipedia.org/wiki/Accounting_for_leases_in...

    Nonrefundable security deposits: Deferred by the lessor as unearned revenue; Capitalized by the lessee as a prepaid rent expense until the lessor considers the deposit earned. Refundable security deposits: Treated as a receivable by the lessee; Treated as a liability by the lessor until the deposit is refunded to the lessee.

  3. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    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.

  4. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    Likewise, in the liability account below, the X in the credit column denotes the increasing effect on the liability account balance (total credits less total debits), because a credit to a liability account is an increase. All "mini-ledgers" in this section show standard increasing attributes for the five elements of accounting.

  5. Down payment - Wikipedia

    en.wikipedia.org/wiki/Down_payment

    In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction .

  6. Negotiable order of withdrawal account - Wikipedia

    en.wikipedia.org/wiki/Negotiable_Order_of...

    In the United States, a negotiable order of withdrawal account (NOW account) is an interest-paying deposit account on which an unlimited number of checks may be written. [1]A negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, but US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account ...

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  8. Certificate of Deposit Account Registry Service - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_Deposit...

    The Certificate of Deposit Account Registry Service (CDARS), was a US for-profit service that broke up large deposits (from individuals, companies, nonprofits, public funds, etc.) and placed them across a network of more than 3000 banks and savings associations around the United States.

  9. 8 best secured credit cards to help build or repair your credit

    www.aol.com/finance/8-best-secured-credit-cards...

    A secured credit card is a type of credit card that requires the borrower to pay a deposit upfront to the issuer. (Illustration by Tim Boelaars)

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