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)

Credits