direct deposit
noun
: a method of payment in which money is transferred to the payee's account without the use of checks or cash
Examples of direct deposit in a Sentence
Our employees are paid by direct deposit.
Recent Examples on the Web
Regarding tax refunds, the IRS advises that the fastest and most secure way to receive a tax refund is through direct deposit.
—
Tom Rogers, Newsweek, 25 Nov. 2024
One of Snell’s top tips is setting up a split direct deposit, so part of your paycheck goes to a high-yield savings account and part of it funnels to a checking account to cover your necessary and discretionary expenses.
—Tribune News Service, The Mercury News, 30 Oct. 2024
In its response, the IRS said that most taxpayers who file electronically and receive refunds by direct deposit get the money within 21 days and that the IRS makes free filing options available.
—Julie Zauzmer Weil The Washington Post, arkansasonline.com, 29 Nov. 2024
Even when there isn't a theft, the tax filer will end up waiting longer to receive a refund by check than by direct deposit.
—Susan Tompor, USA TODAY, 11 Oct. 2024
See all Example Sentences for direct deposit 
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Tom Rogers, Newsweek, 25 Nov. 2024
One of Snell’s top tips is setting up a split direct deposit, so part of your paycheck goes to a high-yield savings account and part of it funnels to a checking account to cover your necessary and discretionary expenses.
—Tribune News Service, The Mercury News, 30 Oct. 2024
In its response, the IRS said that most taxpayers who file electronically and receive refunds by direct deposit get the money within 21 days and that the IRS makes free filing options available.
—Julie Zauzmer Weil The Washington Post, arkansasonline.com, 29 Nov. 2024
Even when there isn't a theft, the tax filer will end up waiting longer to receive a refund by check than by direct deposit.
—Susan Tompor, USA TODAY, 11 Oct. 2024
See all Example Sentences for direct deposit
Dictionary Entries Near direct deposit
Cite this Entry
“Direct deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20deposit. Accessed 31 Dec. 2024.
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