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Related Definitions
Thrift deposits Thrift deposits is the accounts whose principal purpose is to provide an interest-bearing outlet for customer savings – that is, a place for the customer to store liquid purchasing power at interest until needed.
Time deposits Time deposits is the interest-bearing accounts with stated maturities, which may carry penalties in the form of lost interest earnings or reduction of principal if early withdrawal occurs.
Savings deposits Savings deposits is the interest-bearing funds left with banks for a period of weeks, months, or years (with no minimum required maturity under U.S. regulations.
Passbook savings deposits Passbook savings deposits is the accounts sold to household customers in small denominations along with a small booklet or
Core deposits Core deposits is a stable and predictable base of deposited funds, usually supplied by households and smaller businesses that is not
Derivative deposits Deposits created from different underlying transaction of bank is called derivative deposits. The prime underlying transaction includes
Primary deposits Primary deposits are those deposits that bank collects from different surplus stakeholders in the economy by different accounts.
Inter corporate deposits Inter Corporate Deposits is to deposit another company not more than one month on 12% to 15% interest.It is easy to convert cash but having more risk.