DEPOSIT Definition

Bookmark and Share

DEPOSIT can mean a variety of things: a. a payment given as a guarantee that an obligation will be met; b. the act of putting money into a bank account; c. a partial payment made at the time of purchase with the balance to be paid later; or, d. money given as security for an article acquired for temporary use.

Learn new Accounting Terms

MILLAGE is a rate (as of taxation) expressed in mills per dollar.

REVALUATION RESERVE see ASSET REVALUATION RESERVE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.