Time-deposit meaning

A bank deposit that cannot be withdrawn before a date specified at the time of deposit.
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A bank deposit payable at a specified future date or upon advance notice.
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A deposit account that has a set time until it matures, at which time the funds can be accessed. Exceptions do exist that allow the funds to be accessed before the account matures, typically with the payment of a penalty.
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A deposit in a bank that cannot be withdrawn before a specified date.
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