on deposit

idiom

of money
: in a bank account
The company has millions of dollars on deposit with several foreign banks.

Examples of on deposit in a Sentence

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While the central bank has no direct influence on deposit rates, the yields tend to be correlated to changes in the target federal funds rate — so holding that rate unchanged has kept savings rates above the rate of inflation, which is a major advantage for savers. Jessica Dickler, CNBC, 30 July 2025 Savings While the central bank has no direct influence on deposit rates, the yields tend to be correlated to changes in the target federal funds rate. Jessica Dickler, CNBC, 18 June 2025 Noninterest income totaled $4.76 million, an increase from $3.38 million in 2023, primarily due to higher service charges and fees on deposit accounts. Quartz Intelligence Newsroom, Quartz, 1 Apr. 2025 Savings rates While the central bank has no direct influence on deposit rates, the yields tend to be correlated to changes in the target federal funds rate. Jessica Dickler, CNBC, 29 Jan. 2025 See All Example Sentences for on deposit

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“On deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/on%20deposit. Accessed 20 Aug. 2025.

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