on deposit

idiom

of money

: in a bank account

The company has millions of dollars on deposit with several foreign banks.

Examples of on deposit in a Sentence

Recent Examples on the Web

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Its stablecoin, tether (USDT), has a market cap of $119 billion, implying that same amount in cash and cash-like instruments on deposit with the firm. —

Brady Dale, Axios, 27 Sep. 2024 Savings rates While the central bank has no direct influence on deposit rates, the yields tend to be correlated to changes in the target federal funds rate. —

Jessica Dickler, CNBC, 18 Sep. 2024 Greg McBride, chief financial analyst at Bankrate.com, sees payouts on deposit accounts falling gradually over the course of the year. —

The Arizona Republic, 7 Jan. 2024 The book has been in the Harvard Library collection since 1934 on deposit from John B. Stetson Jr., a philanthropist and businessman. —

Katherine Itoh, NBC News, 28 Mar. 2024 See all Example Sentences for on deposit