on deposit

Definition of on deposit

of money

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

Word by Word Definitions

  1. :  to place especially for safekeeping or as a pledge

    :  to put in a bank

    :  to lay down :  place

  1. :  the state of being deposited

    :  something placed for safekeeping: such as

    :  money deposited in a bank

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