One of the mysteries of the English language finally explained.
(of money) placed in a deposit account.‘half of the money is placed on deposit’
- ‘Keeping some of your money on deposit is never a bad idea.’
- ‘In an ideal world, you would sell your first home, have money on deposit earning interest - then buy your next home the following week.’
- ‘They've always put their money on deposit and considered themselves to be savers, not investors.’
- ‘I think of savers as people who want both their capital and their income to be safe and secure and, usually, their money ends up on deposit in a bank or building society.’
- ‘As a firm believer in the stock market as the best way to generate wealth, I don't keep a lot of money on deposit, except some tax-free savings.’
- ‘Question 7: How much emergency money do you have on deposit?’
- ‘Are you paying overdraft and double-digit personal loan rates on borrowings while leaving money on deposit at an interest rate of one or two per cent?’
- ‘Even putting money on deposit and living off the interest carries the risk of your bank going under.’
- ‘While it might be tempting to leave money on deposit in the hope that interest rates will pick up there is a real problem with that strategy.’
- ‘If you cannily kept your money on deposit and were waiting for an opportunity to ‘average in’ to the stock market, now could be a good time to make the move.’
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