deposit account Synonyms
No Synonyms and anytonyms found
deposit account Meaning
Wordnet
deposit account (n)
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
deposit account Sentence Examples
- She opened a deposit account to start saving for her future.
- His grandmother gifted him money for his birthday, which he promptly deposited into his account.
- The bank offered various interest rates depending on the type of deposit account.
- He opted for a fixed-term deposit account to earn higher interest on his savings.
- Many people choose a deposit account as a safe way to store their money.
- The bank manager explained the benefits of a deposit account, such as easy access to funds and interest accrual.
- She set up a direct deposit from her paycheck into her savings account.
- The deposit account statement showed steady growth over the past year.
- They encouraged customers to consider opening a deposit account as part of their financial planning.
- A deposit account provides a secure place to hold funds while earning interest.
FAQs About the word deposit account
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
No synonyms found.
No antonyms found.
She opened a deposit account to start saving for her future.
His grandmother gifted him money for his birthday, which he promptly deposited into his account.
The bank offered various interest rates depending on the type of deposit account.
He opted for a fixed-term deposit account to earn higher interest on his savings.
