on deposit

phrase

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
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While the Fed has no direct influence on deposit rates, the yields tend to be correlated with changes in the target federal funds rate. Jessica Dickler, CNBC, 18 Mar. 2026 Money on deposit actually costs them money. Neil Senturia, San Diego Union-Tribune, 2 Mar. 2026 While the central bank has no direct influence on deposit rates, yields tend to be correlated with changes in the target federal funds rate — so holding that rate unchanged could keep savings rates above the rate of inflation, which is considered a rare win. Jessica Dickler, CNBC, 28 Jan. 2026 This form must be filed online by any American who has a financial interest and/or signatory control over bank accounts outside the United States that have had a cumulative total of $10,000 on deposit at any point during the previous calendar year. Kathleen Peddicord, Forbes.com, 16 Sep. 2025 See All Example Sentences for on deposit

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Cite this Entry

“On deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/on%20deposit. Accessed 21 Jul. 2026.

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