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
Recent Examples on the Web
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
Context: There's around $200 billion on deposit around the world backing stablecoins today, up from roughly $136 billion a year ago.
—Brady Dale, Axios, 14 Jan. 2025
Its stablecoin, tether (USDT), has a market cap of $119 billion, implying that same amount in cash and cash-like instruments on deposit with the firm.
—Brady Dale, Axios, 27 Sep. 2024
See All Example Sentences for on deposit
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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
Context: There's around $200 billion on deposit around the world backing stablecoins today, up from roughly $136 billion a year ago.
—Brady Dale, Axios, 14 Jan. 2025
Its stablecoin, tether (USDT), has a market cap of $119 billion, implying that same amount in cash and cash-like instruments on deposit with the firm.
—Brady Dale, Axios, 27 Sep. 2024
See All Example Sentences for on deposit
Cite this Entry
“On deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/on%20deposit. Accessed 3 May. 2025.
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