deposit contract

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Noun[edit]

deposit contract (plural deposit contracts)

  1. (law, banking) A contractual agreement governing the handling of deposited assets, for example in a bank.
    • 1986, David C. Webb, “Comment”, in Recent Developments in Corporate Finance[1], ISBN 0521329647, page 178:
      Diamond and Dybvig show that a bank offering an ordinary deposit contract can provide allocations superior to those of simple exchange markets.

Synonyms[edit]