A deposit is money placed with some other entity. It is a credit for the party who placed it, and it may be taken back (withdrawn), transferred to some other party, or used for a purchase. It is often used with respect to banks, where deposits are usually their main source of funding.
- Transactional account (checking account or current account, by country), the depositor has the right to use the money at any time, sometimes short notice periods are agreed; also called call deposit or sight deposit
- Term deposit (also time deposit), bear a fixed time and fixed interest rate
- Fixed deposit in India
- Overnight lending occurs usually from noon to noon, using a special rate. to give as security or in part payment.
- term deposit, Investopedia, accessed 2012-05-14.