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Definition of Time deposit account
1. Noun. 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.
Lexicographical Neighbors of Time Deposit Account
Literary usage of Time deposit account
Below you will find example usage of this term as found in modern and/or classical literature:
1. Practical Bank Operation by Loyd Helvetius Langston, First National City Bank of New York (1921)
"When a customer who has a time deposit account wishes to make a withdrawal he
... Upon receipt of this notice the customer's time deposit account is charged ..."
2. State Banks and Trust Companies Since the Passage of the National-bank Act by George Ernest Barnett, Thornton Cooke (1911)
"The guaranty will cause your time-deposit account to increase, and as an
advertisement there is no better theme to work on." The following are quotations ..."
3. Banking and Credit: A Textbook for Colleges and Schools of Business by Davis Rich Dewey, Martin Joseph Shugrue (1922)
"Certificate of Deposit rather than open a time deposit account, simply because
it involves less bookkeeping and other clerical work. ..."
4. Annual Report of the Auditor of State by Indiana Auditor's Office (1904)
"Expenses—salaries Expenses—other purposes Interest repaid Insurance and taxes
paid for borrowers Heal estate time deposit account in bank Miscellaneous Cash ..."