time deposit account

noun

A type of interest-bearing bank or credit union account requiring the depositing of money into an account for a pre-agreed length of time, or a term.

Similar
deposit account
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Meanings

nountime deposit account (plural time deposit accounts)

plural time deposit accounts

  1. bankingA type of interest-bearing bank or credit union account requiring the depositing of money into an account for a pre-agreed length of time, or a term.

Synonyms & antonyms

nouna savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest

Similar
deposit account
Broader
savings account
Also see
deposit account

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

time deposit account. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/time%20deposit%20account

MLA

“time deposit account.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/time%20deposit%20account. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “time deposit account,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/time%20deposit%20account.

Source: time deposit account on Wiktionary, CC BY-SA 4.0.