Deposit: Difference between revisions
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imported>Doug Williamson (Link with Deposit account page.) |
imported>Doug Williamson (Add link.) |
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#A sum of money paid by a buyer as part of the sale price of something in order to reserve it. The deposit may or may not be returned if the sale is not completed. | #A sum of money paid by a buyer as part of the sale price of something in order to reserve it. The deposit may or may not be returned if the sale is not completed. | ||
#A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses. | #A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses. | ||
== See also == | == See also == | ||
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* [[Depositor]] | * [[Depositor]] | ||
* [[Hot money]] | * [[Hot money]] | ||
* [[NMD]] | |||
Revision as of 15:14, 31 July 2016
- A sum of money paid by a buyer as part of the sale price of something in order to reserve it. The deposit may or may not be returned if the sale is not completed.
- A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses.
