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A deposit is the monetary amount that is placed with some entity.

The deposit is a credit for the party (individual or organization) who placed it, and it may be taken back (withdrawn), transferred to some other party, or used for a purchase at a later date.

This financial concept is often used with respect to banks, where deposits are usually their main source of funding.


Types of deposits are:

  • Transactional account (checking account or current account, by country), the depositor has the right to use the money at any time, sometimes short notice periods are agreed; also called call deposit or sight deposit
  • Term deposit (or time deposit), bear a fixed time and fixed interest rate[1]
  • Overnight lending occurs usually from noon to noon, using a special rate to give as security or in part payment.
  • / See also */


  1. ^ term deposit, Investopedia, accessed 2012-05-14.
  2. ^ [1], Deposit your trust in Fixed Deposits,