Deposit Title License For Free

A deposit, broadly speaking, represents money held at a bank. One definition of deposit refers to when a portion of funds is used as security or collateral for the delivery of goods or services. Another kind of deposit involves a transfer of funds to another party, such as a bank, for safekeeping.

Treasury Deposits offer fixed rates of return over an agreed period. They combine certainty with flexibility and make an excellent addition to a balanced savings and investment portfolio. You can invest in a range of freely tradable currencies across a range of terms.

Demand deposits are the more common type of deposit. There's generally no limit on the amount of times you can make demand deposits, and you can withdraw money at any point from a demand deposit account. Time deposits must be held for a fixed amount of time before funds can be removed from a time deposit account.

There are two types of deposits: demand and time. A demand deposit is a conventional bank and savings account. You can withdraw the money anytime from a demand deposit account. Time deposits are those with a fixed time and usually pay a fixed interest rate, such as a certificate of deposit (CD).

The Special Deposit Fund (SDF) is a trust fund in the State Treasury. This fund provides a depository for money received in trust for specific purposes by an agency/department but for which no other fund has been created.

Types of Deposits Savings Bank Account. Current Deposit Account. Fixed Deposit Account. Recurring Deposit Account.

Related Definitions Statutory Deposits means any financial deposits required to be maintained by the Company by the Commissioners or Departments of Insurance (or other governmental or regulatory authority), as a condition of the Company's conduct of business in the states set forth on ANNEX A hereto.