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 And with Venmo, funds added to an account via direct deposit or check cashing are covered. Cora Lewis, Los Angeles Times, 20 Oct. 2024 Payment can come in the form of a check or direct deposit, but it can only be used for specific means on lodging, repairs and generators. Eduardo Cuevas, USA TODAY, 6 Oct. 2024 If you are owed a tax refund, the best bet is direct deposit. Susan Tompor, USA TODAY, 11 Oct. 2024 Wait for direct deposit to hit account (typically 2-4 weeks). Andreina Rodriguez, CNBC, 8 Sep. 2024 See all Example Sentences for direct deposit 

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.

Word History

First Known Use

1974, in the meaning defined above

Time Traveler
The first known use of direct deposit was in 1974

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 31 Oct. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!