Time Deposit

Time deposit - Wikipedia, the free encyclopedia
1.2 Large-denomination time deposit. 2 See also. 3 External links ... "Small" time deposits in M2 (see money supply) are defined as those under $100,000. ...
en.wikipedia.org

time deposit: Definition from Answers.com
time deposit n. A bank deposit that cannot be withdrawn before a date specified at the time of ... Investment Dictionary: Time Deposit ...
www.answers.com

Time Deposit
Time Deposit - Definition of Time Deposit on Investopedia - A savings account or ... Transaction Deposit ... sleeping at night, it's time to learn about the ...
www.investopedia.com

Commercial Banking - Time Deposits
It is possible to open a time deposit in Czech crowns or in a foreign currency. ... Interest rates are fixed for the entire period of the time deposit. ...
www.citibank.com

Warning: mkdir() [function.mkdir]: Permission denied in /home/webs/affiliatelib2/CacheManager.php on line 12

Warning: mkdir() [function.mkdir]: No such file or directory in /home/webs/affiliatelib2/CacheManager.php on line 12

Warning: fopen(/home/templatecore2cache//*cluesnet.com/46/467802c4ad542d59b4605d4a4af57c00b89796cc.tc2cache) [function.fopen]: failed to open stream: No such file or directory in /home/webs/affiliatelib2/CacheManager.php on line 130

Warning: fwrite(): supplied argument is not a valid stream resource in /home/webs/affiliatelib2/CacheManager.php on line 131

Warning: fclose(): supplied argument is not a valid stream resource in /home/webs/affiliatelib2/CacheManager.php on line 132

A time deposit (also known as a term deposit, particularly in Canada, Australia and New Zealand) is a money Deposit account at a banking institution that cannot be withdrawn for a certain "term" or period of time. When the term is over it can be withdrawn or it can be held for another term. Generally speaking, the longer the term the better the yield on the money. A certificate of deposit is a time-deposit product.

The opposite is a sight deposit which can be withdrawn at any time.

A deposit of funds in a savings institution is made under an agreement stipulating that (a) the funds must be kept on deposit account for a stated period of time, or (b) the institution may require a minimum period of notification before a withdrawal is made.

US Time deposits regulations Note that the Money supply money supply includes funds that can be used directly in payment, such as money market mutual funds and money market deposit accounts (MMDAs). MMDAs are considered by the United States Federal Reserve (the Fed) to be savings accounts and are thus exempt from reserve requirements. These large transaction accounts not being included in the M1 money supply suggests that the Fed does not pay much attention to ordinary transaction deposits, and in July 2000, it announced that it was no longer setting target ranges for growth rates of the monetary aggregates.

Small-denomination time deposit "Small" time deposits in M2 (see money supply) are defined as those under $100,000. That figure is also the limit on FDIC insurance coverage.

Large-denomination time deposit "Large" time deposits are currently defined as deposits larger than $100,000. The term "jumbo CD" is commonly used in the United States. Some banks, recognizing that customers do not want more in the bank than is covered by insurance, have lowered the "jumbo CD" minimum requirement to $95,000, so with compounded interest the total falls below the insurance limit.

See also

Certificate of deposit
Money supply

External links

FDIC: Your Insured Deposits

Time deposit
Time deposit: Guaranteed returns with maximum control The Time Deposit facility allows you to deposit a fixed amount of money with guaranteed interest rates for an agreed fixed ...

Time Deposit Terms and Conditions
Terms and Conditions -Business Banking Time Deposit Terms and Conditions ANB 90088MAY07 FD Abbey is able to provide literature in alternative formats.

Time Deposits - Savings&Investment - Citibank
Citibank's Time Deposits make your money work harder for you. Enjoy fixed interest rates based on the money markets & get a good return on your saving

Britannia Building Society | > Time Deposits Terms & Conditions
Britannia's Treasury department is part of the Britannia Group and is responsible for Wholesale Funding and Liquidity, and Asset and Liquidity Management

Bath Building Society Qualifying Time Deposit - TCs
Terms & Conditions Bath Investment & Building Society is authorised and regulated by the Financial Services Authority FSA Registration Number 206026

HSBC Egypt - Accounts - Time Deposit
Our Time Deposit Account offers you competitive interest rates and gives you the flexibility to choose a maturity date which best suits your needs.

Fixed interest time deposits - savings - NPBS
Fixed interest time deposits Overview. Designed for both personal and business customers who are looking to deposit funds for a specific period of time at a fixed interest rate.

First-time homebuyers 'have to borrow for deposit' | Money | The ...
Almost one in four first-time buyers now have to borrow money from family or friends in order to afford a deposit on a home, according to new figures to be released by the ...

First Rung Property - 1st Time Buyer Deposit Paid
First Time buyer deposit paid tips and advice on first property. Get on the property ladder Help buying a house and help with deposit paid from First Rung Property.