direct deposit

noun

: a method of payment in which money is transferred to the payee's account without the use of checks or cash

Example Sentences

Our employees are paid by direct deposit.
Recent Examples on the Web That can make the difference between a direct deposit or a physical debit card that will arrive in the mail. Nathan Solis, Los Angeles Times, 10 Nov. 2022 Recipients may chose to receive the funds via direct deposit or a prepaid debit cards. Megan Cerullo, CBS News, 10 Oct. 2022 In the application, workers chose between a direct deposit or a prepaid debit card for their payment. Bykaitlyn Koterbski, Fortune, 5 Oct. 2022 Automatically, through a direct deposit or a check in the mail. Matt Stout, BostonGlobe.com, 16 Sep. 2022 The cards will go to households whose 2020 tax returns qualify them for the program but who do not have direct deposit set up with the Franchise Tax Board. Jon Healey, Los Angeles Times, 25 Oct. 2022 Families that don’t have direct deposit will receive the payment either as a paper check or a debit card. Elinor Aspegren, USA TODAY, 18 May 2021 Taxpayers who don't have direct deposit set up should be on the lookout for either a paper check or prepaid debit card, also known as an Economic Impact Payment Card, or EIP Card. Anne Sraders, Fortune, 22 Mar. 2021 People who haven’t filed their 2021 tax returns, including those who requested an extension until Oct. 17, are urged to file their returns electronically with direct deposit. Leada Gore | Lgore@al.com, al, 28 June 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'direct deposit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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 3 Dec. 2022.

Last Updated: - Updated example sentences
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