direct deposit
noun
: a method of payment in which money is transferred to the payee's account without the use of checks or cash
Examples of direct deposit in a Sentence
Our employees are paid by direct deposit.
Recent Examples on the Web
Another feature, a direct deposit fraud prevention block, stops anyone from enrolling in direct deposit, or changing your address or direct deposit information through your online account or a financial institution.
—
Tara Siegel Bernard, New York Times, 9 Mar. 2024
Traditionally, around two-thirds of taxpayers receive a refund at tax time, and they are usually issued in about 21 days, assuming e-filing and direct deposit.
—Kelly Phillips Erb, Forbes, 17 Feb. 2024
Many banks offer one or more options for waiving the fee, such as keeping a certain balance in the account, or establishing monthly direct deposit or electronic bill pay.
—Martha C. White, wsj.com, 3 Oct. 2023
Skip the paper, file electronically Many of the headaches that taxpayers encounter, including easily avoidable errors and long wait times for refunds, could be sidestepped if everyone filed electronically and used direct deposit.
—Jill Schlesinger, The Mercury News, 5 Feb. 2024
People expecting a refund and wanting to take it as a direct deposit or direct debit also should have relevant bank account information handy.
—The Arizona Republic, 6 Mar. 2024
Much depends on whether the tax filer electronically files the tax return, chooses direct deposit, and the IRS has no other issues with the return, the IRS said.
—Susan Tompor, Detroit Free Press, 26 Feb. 2024
Affirm now offers direct deposit, but hasn’t reported the number of users.
—Ron Shevlin, Forbes, 19 Feb. 2024
Its rewards redemption options are flexible: Users can cash out with a statement credit, for example, or a direct deposit into their checking or savings account.
—Emily Pandise, NBC News, 5 Feb. 2024
Tara Siegel Bernard, New York Times, 9 Mar. 2024
Traditionally, around two-thirds of taxpayers receive a refund at tax time, and they are usually issued in about 21 days, assuming e-filing and direct deposit.
—Kelly Phillips Erb, Forbes, 17 Feb. 2024
Many banks offer one or more options for waiving the fee, such as keeping a certain balance in the account, or establishing monthly direct deposit or electronic bill pay.
—Martha C. White, wsj.com, 3 Oct. 2023
Skip the paper, file electronically Many of the headaches that taxpayers encounter, including easily avoidable errors and long wait times for refunds, could be sidestepped if everyone filed electronically and used direct deposit.
—Jill Schlesinger, The Mercury News, 5 Feb. 2024
People expecting a refund and wanting to take it as a direct deposit or direct debit also should have relevant bank account information handy.
—The Arizona Republic, 6 Mar. 2024
Much depends on whether the tax filer electronically files the tax return, chooses direct deposit, and the IRS has no other issues with the return, the IRS said.
—Susan Tompor, Detroit Free Press, 26 Feb. 2024
Affirm now offers direct deposit, but hasn’t reported the number of users.
—Ron Shevlin, Forbes, 19 Feb. 2024
Its rewards redemption options are flexible: Users can cash out with a statement credit, for example, or a direct deposit into their checking or savings account.
—Emily Pandise, NBC News, 5 Feb. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'direct deposit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near direct deposit
Cite this Entry
“Direct deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20deposit. Accessed 27 Apr. 2024.
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