Meaning of “deposit account” in the English Dictionary

british dictionary

(Definition of “deposit account” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"deposit account" in Business English

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deposit accountnoun [ C ]

uk us written abbreviation d/a BANKING

a bank account that pays interest, used especially by people who want to save money:

You can open a deposit account with as little as £20.
put money into a deposit account

(Definition of “deposit account” from the Cambridge Business English Dictionary © Cambridge University Press)