on deposit


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 Ackman and others have been arguing for the government to step in and lift the limit on deposit insurance, which currently tops out at $250,000 — a fraction of what some businesses must hold in their balances to run their day-to-day operations. Allison Morrow, CNN, 4 May 2023 The bank also specialized – in this case, in the New York real estate market – and in 2018 began allowing customers with at least $250,000 on deposit to use cryptocurrency, a digital kind of money. Laurent Belsie, The Christian Science Monitor, 1 May 2023 Some lawmakers have suggested raising the $250,000 cap on deposit insurance. Brian Gendreau, Fortune, 18 Apr. 2023 In fact, around the time the scam broke out, several WhatsApp videos of PMC depositors who were negatively impacted by the limit placed on deposit withdrawal, started going around. Vivek Kaul, Quartz India, 1 July 2020 How to claim $200 win or lose Our DraftKings Ohio bonus has multiple parts and puts all new customers on a great track to get ahead right from the start with the following: A $50 bonus bet on deposit. Catena Media, al, 13 Jan. 2023 Most consumers don't have anywhere near that much on deposit. The Arizona Republic, 5 May 2023 Owen Stearns, chief executive at Excel, said his schools had several loans outstanding and kept millions of dollars on deposit with SVB, including its main checking account. Jon Chesto, BostonGlobe.com, 13 Mar. 2023 The original $50 bonus bet is awarded on deposit, and 20% of that deposit is matched by DK and sent to you at a rate of $1 for every $25 wagered until your bonus is met. Gary Pearson | Catena Media, al, 2 Jan. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'on deposit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“On deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/on%20deposit. Accessed 28 Sep. 2023.

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