What Is a Deposit? - The Balance
https://www.thebalancemoney.com/deposit-definition-315425
WEBOct 26, 2021 · In financial terms, “deposit” means placing money into the care of a bank or other financial institution. Financial institutions and banks offer numerous types of deposit accounts with varying benefits. You can deposit funds by visiting your bank personally, at some ATMs, or by electronically transferring money between accounts.
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