direct deposit

noun

Definition of direct deposit

  1. :  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

  1. Our employees are paid by direct deposit.

1974

First Known Use of direct deposit

1974


DIRECT DEPOSIT Defined for English Language Learners

direct deposit

noun

Definition of direct deposit for English Language Learners

  • : a way of paying someone so that the money is sent directly into the person's bank account without the use of checks or cash


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