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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Firms such as Capital One, Regions and Wells Fargo offer free access to direct deposit customers up to two days earlier than their traditional payday. Cheryl Winokur Munk, CNBC, 27 Feb. 2026 Payments can be issued as a check or direct deposit (ACH). Staff, Oklahoman, 27 Feb. 2026 Nine out of 10 taxpayers already receive their tax refunds by direct deposit, but to boost that closer to 100%, the IRS began phasing out paper checks last September. Medora Lee, USA Today, 21 Feb. 2026 During the 2025 filing season, about 94% of individual taxpayers provided their direct deposit information on their Form 1040, according to a National Taxpayer Advocate blog posted in October. Susan Tompor, Freep.com, 20 Feb. 2026 See All Example Sentences for direct deposit

Word History

First Known Use

1974, in the meaning defined above

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

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Cite this Entry

“Direct deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20deposit. Accessed 2 Mar. 2026.

Last Updated: - Updated example sentences
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