bank deposits

Money put away

Bank deposits are funds placed into accounts at financial institutions for safekeeping or to earn interest.

The term covers checking accounts, savings accounts, and certificates of deposit.

Banks use these pooled deposits to make loans, paying depositors interest while charging borrowers higher rates.

The bank's deposits grew by twelve percent last quarter.

Opposites
direction of funds

bank depositswithdrawals

Removal of deposited funds

outflows · disbursements · debits

money storage location

bank depositscash on hand

Currency immediately accessible

mattress money · cash in hand · pocket money · petty cash · cash reserves

asset liquidity and accessibility

bank depositsreal estate holdings

Owned land and buildings

fixed assets · bank lending · long-term investments · retirement accounts · property

Family

bank, deposit

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G