deposit-taking

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• deposit-taking — deˈposit ˌtaking adjective [only before a noun] BANKING a deposit taking financial institution is one into which people can pay money so that it can be held there and earn interest: • The Bank of England earlier had refused to upgrade BCCI s… …   Financial and business terms

• Deposit-taking co-operative — Deposit taking co operatives were a form of non banking financial company (NBFC) in Malaysia. They were key to the economic and political interests of Malaysian Chinese, but some became insolvent which led to a run on banks in 1986.[1] The… …   Wikipedia

• deposit-taking institution — An institution whose main function is to take deposits. This is the basis of the legal definition of a bank as laid down in the Banking Acts (1979; 1987). In the UK regulation of deposit taking institutions was transferred from the Bank of… …   Big dictionary of business and management

• deposit-taking institution — /dɪˌpɒzɪt ˌteɪkɪŋ ˌɪnstɪ tju:ʃ(ə)n/, depository institution /dɪˌpɒzɪt(ə)ri ˌɪnstɪ tju:ʃ(ə)n/ noun an institution such as a building society, bank or friendly society, which is licensed to receive money on deposit from private individuals and to… …   Dictionary of banking and finance

• Authorised Deposit-Taking Institution — In Australia, Authorised Deposit Taking Institutions (ADIs) are corporations which are authorised under the Banking Act of 1959 to take deposits from customers.ADIs include banks, building societies and credit unions. All ADIs are subject to the… …   Wikipedia

• deposit — de·pos·it 1 /di pä zət/ vt 1: to place for safekeeping or as security may deposit the property with the court; esp: to put in a bank account 2 in the civil law of Louisiana: to place (movable property) under a deposit the depository can not make… …   Law dictionary

• Deposit insurance — Experiences from bank runs during the Great Depression led to the introduction of deposit insurance in the US …   Wikipedia

• Deposit Interest Rate — The interest rate paid by financial institutions to deposit account holders. Deposit accounts include certificates of deposit, savings accounts and self directed deposit retirement accounts. Deposit accounts are attractive places to park cash for …   Investment dictionary

• Deposit model — In the field of archaeology a deposit model is a method of identifying the character and degree of survival of buried archaeological remains over a specified area without necessarily excavating the whole area. Following the introduction of… …   Wikipedia

• licensed deposit taker — A former category of financial institutions as defined by the Banking Act (1979), which distinguished between recognized banks, licensed deposit takers, and exempt institutions. To qualify for authorization, the licensed deposit taker had to… …   Big dictionary of business and management

• licensed deposit-taker — /ˌlaɪs(ə)nst dɪ pɒzɪt ˌteɪkə/, licensed institution /ˌlaɪs(ə)nst ˌɪnstɪ tju:ʃ(ə)n/ noun a deposit taking institution, such as a building society, bank or friendly society, which is licensed to receive money on deposit from private individuals and …   Dictionary of banking and finance