deposit account

1. 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

   Synonymstime deposit account

   Broadersavings account

Questions about deposit account

What does deposit account mean?

deposit account means "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".

What is another word for deposit account?

Close synonyms include time deposit account. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is deposit account a common word?

deposit account is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.