/ English Dictionary |
TIME DEPOSIT ACCOUNT
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
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
Synonyms:
deposit account; time deposit account
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("time deposit account" is a kind of...):
savings account (a bank account that accumulates interest)
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