deposit money

noun

, Banking.

1. checks, letters of credit, etc., that circulate and are payable on demand.

Word History and Origins

Origin of deposit money¹

First recorded in 1815–25

Example Sentences

Meanwhile, he used the deposit money to bankroll expensive purchases, authorities say, including a yacht, a pontoon boat, two Mercedes-Benz automobiles, two Ford pickup trucks, a recreation vehicle, a tractor, three ATVs and fishing equipment.

From Los Angeles Times

When negative rates are in force people have to pay to deposit money in a bank.

From BBC

Starting March 1, betting customers can create new accounts and deposit money with a licensed operator that has obtained a certificate.

From Seattle Times

Under so-called linked-deposit programs, states deposit money in banks at below-market interest rates.

From Seattle Times

Did FTX customers deposit money with the expectation that it would end up in North Dimension?

From Slate