Definitions
There is 1 meaning of the phrase
Time Deposit.
Time Deposit - as a noun
A certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date
Example Sentences
"I invested my savings in a time deposit to earn interest."
"She opened a time deposit account at the bank."
"The time deposit offers a fixed rate of return."
"I decided to renew my time deposit for another year."
"His time deposit will mature next month."
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