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.
The money is arriving by check, direct deposit or via Venmo, depending on what the claimant chose as their preference. Karen Garcia, Los Angeles Times, 8 May 2025 In the past, 75 percent of those refunds were issued via direct deposit, according to Georgia's Department of Revenue. Thomas G. Moukawsher, MSNBC Newsweek, 16 Apr. 2025 For example, consider Revolut’s focus on competitive foreign exchange rates, Chime’s early direct deposit and no-fee overdraft and CashApp’s peer-to-peer service that focuses on the underbanked segment. Jayant Walia, Forbes.com, 3 Apr. 2025 But last week, Social Security officials announced that people who cannot prove their identity using the agency's online system would be required to show up in person when seeking benefits or changing direct deposit information. Ashley Lopez, NPR, 26 Mar. 2025 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 5 Jun. 2025.

Last Updated: - Updated example sentences
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