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It is similar to a time or term deposit as known in other countries.
"I was going to put my share of the money into term deposits.
A short term deposit is an amount of money deposited for no longer than a year.
The drawback is that banks have to pay a higher interest rate on term deposits.
Banks can encourage customers to make term deposits that cannot be withdrawn on demand.
Interest from banks and similar institutions, from all account types, including term deposits.
The company focuses on cash, term deposits, short-term money market securities and corporate bonds.
Term deposit with scheduled bank for a period of not less than 5 years as per scheme notified by Central Government.
Your term deposit will mature next April.
If term deposits form a high enough percentage of a bank's liabilities its vulnerability to bank runs will be reduced considerably.
For term deposit or short-term money market investments there was no limit on the duty per deposit.
Most commercial banks provide long term loans, and fund this operation by taking shorter term deposits.
Regulations in the EU have always encouraged investors to use banks rather than money market funds for short term deposits.
This is in contrast to "time deposits" (aka term deposits).
This connection enabled the bank to process savings account transactions, personal loan files and term deposits "on-line".
Fixed deposits are a high-interest-yielding Term deposit offered by banks in India.
Term deposits in India is used to denote a larger class of investments with varying levels of liquidity.
The economy minister, Roberto Lavagna, said curbs on most term deposits would be lifted over the next 120 days.
Any sum deposited as 5 years time deposit under Post Office Term Deposit.
Cause was about term deposit made by J&T Finance, which was accounted in equity.
Customers can take advantage of ordinary savings account, fixed term deposit, funds, as well as foreign currency deposit.
Raphael's Bank also issues Fixed Term Deposits.
It has raised funds through "fixed deposits", a term for high-interest term deposits issued by industrial companies rather than banks.
It offers saving accounts, term deposits, corporate and personal loans, automated teller machine and various corporate banking services.
Interest on deposits in a cash ISA is not taxed, whether it is an instant access or term deposit.