cash deposit

Money handed over

A cash deposit is money placed into a bank account using physical currency rather than checks or electronic transfers.

The term also applies to earnest money paid to secure a purchase or rental: The landlord required a cash deposit before handing over the keys.

In both cases, cash deposit emphasizes actual funds changing hands rather than promised payment.

Related

account · withdraw · money · currency · bills · coins · loose change · vault · receipt · transaction · ATM · funds · balance · slip · counter · checking · wire · transfer

Categories
Opposites
banking transaction direction

cash depositcash withdrawal

Removing money from account

withdrawal · ATM withdrawal · cash out · disbursement · debit

payment method

cash depositcheck deposit

Adding funds via paper draft

wire transfer · direct deposit · electronic transfer · mobile deposit · bank transfer

Family

cash, deposit, cashed, cashing, cashes, deposited, depositing, deposits, depositor

Familiarity
Top 100,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G