| 单词 | DEPOSIT |
| 释义 | Funds placed by an individual or institution with a BANK or authorized DEPOSITORY, which are then used to finance operations. Acceptance of the deposit creates a LIABILITY for the accepting bank and requires payment of periodic COUPON interest and return of funds at maturity or on presentation. Deposits can be issued in a variety of forms, including CERTIFICATES OF DEPOSIT, LOCKUP CERTIFICATES OF DEPOSIT, INTERBANK DEPOSITS, NEGOTIABLE CERTIFICATES OF DEPOSIT, and TIME DEPOSITS, and can be floated in most major currencies with maturities ranging from overnight to 10 years. |
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