0%

Sentences with time deposit

time de·pos·it
T t
  • If such additional early withdrawal penalties are not imposed, the account ceases to be a time deposit account.A time deposit from which partial early withdrawals are permitted must impose additional early withdrawal penalties.A time deposit is money that has been placed in a bank account and cannot be withdrawn until a particular amount of time has passed.
Was this page helpful?
Yes No
Thank you for your feedback! Tell your friends about this page
Tell us why?