Deposit

usgb/dɪˈpɑːzɪt/
noun

A sum of money placed or kept in a bank account, usually to gain interest.

I made a deposit into my savings account.
Visual representation of "deposit" - A sum of money placed or kept in a bank account, usually to gain interest.

Often appears as...

  • bank deposit
  • direct deposit
Definition 1 of 5
Visual representation of "deposit"
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Financial Context

Deposit is commonly used in banking and finance, often linked to savings.

Illustration for Financial Context
My monthly paycheck includes an automatic deposit into my retirement fund.
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Interest Potential

Money deposited in a bank may earn interest over time, a reward for saving.

Illustration for Interest Potential
I receive interest on my deposit every quarter.
Visual representation of the word "Deposit"

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