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1 the actofplacing money with a bank. Thus, a deposit account is a bank account that pays interest but that imposes the requirement of notice (or a penalty in terms of interest) before withdrawal can be effected; a deposit receipt is an acknowledgement by the bank that sums have been deposited and are being held for the account of the depositor; a certificate ofdeposit is a financial. Click to Play!

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deposit definition: 1. to leave something somewhere: 2. to put something valuable, especially money, in a bank or safe (= strong box or cupboard with locks): 3. to pay someone an amount of money when you make an agreement with that person to pay for or buy something, that either will be returned….
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