What is the meaning of time deposit account?

noun

  • 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.
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APAWordNet. (2010). time deposit account. Retrieved September 21, 2026, from http://smartdefine.org/time_deposit_account/definitions/1242973
ChicagoWordNet. 2010. "time deposit account" http://smartdefine.org/time_deposit_account/definitions/1242973 (accessed September 21, 2026).
HarvardWordNet 2010, time deposit account, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/time_deposit_account/definitions/1242973>.
MLAWordNet. "time deposit account" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/time_deposit_account/definitions/1242973>