1. a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest; [syn: time deposit account, deposit account]
WordNet (r) 3.0 (2006):
deposit account
n 1: a savings account in which the deposit is held for a fixed
term or in which withdrawals can be made only after giving
notice or with loss of interest [syn: time deposit
account, deposit account]