Definition of Bank of deposit. Meaning of Bank of deposit. Synonyms of Bank of deposit

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Definition of Bank of deposit

Bank of deposit
Bank Bank, n. [F. banque, It. banca, orig. bench, table, counter, of German origin, and akin to E. bench; cf. G. bank bench, OHG. banch. See Bench, and cf. Banco, Beach.] 1. An establishment for the custody, loan, exchange, or issue, of money, and for facilitating the transmission of funds by drafts or bills of exchange; an institution incorporated for performing one or more of such functions, or the stockholders (or their representatives, the directors), acting in their corporate capacity. 2. The building or office used for banking purposes. 3. A fund from deposits or contributions, to be used in transacting business; a joint stock or capital. [Obs.] Let it be no bank or common stock, but every man be master of his own money. --Bacon. 4. (Gaming) The sum of money or the checks which the dealer or banker has as a fund, from which to draw his stakes and pay his losses. 5. In certain games, as dominos, a fund of pieces from which the players are allowed to draw. Bank credit, a credit by which a person who has given the required security to a bank has liberty to draw to a certain extent agreed upon. Bank of deposit, a bank which receives money for safe keeping. Bank of issue, a bank which issues its own notes payable to bearer.

Meaning of Bank of deposit from wikipedia

- A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be...
- A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans, mobilising saver...
- Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks...
- (village), New York Deposit account, a bank account that allows money to be deposited and withdrawn by the account holder Demand deposit, the funds held in...
- Deposit insurance or deposit protection is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by...
- A deposit is the act of placing cash (or cash equivalent) with some entity, most commonly with a financial institution, such as a bank. The deposit is...
- systems, a deposit of funds in a bank is not a bailment; that is, the actual funds deposited by a person in a bank cease to be the property of the depositor...
- A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from...
- A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a guaranteed investment certificate in Canada) is...
- Clement and Ian La Frenais. It is based on the 1971 burglary of Lloyds Bank safety deposit boxes in Baker Street. It stars Jason Statham. The producers...