Financial and business terms. 2012.
Set-Off Clause — A legal clause that gives a lender the authority to seize a debtor s deposits when they default on a loan. A set off clause can also refer to a settlement of mutual debt between a creditor and a debtor through offsetting transaction claims. This… … Investment dictionary
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 — [dē päz′it, dipäz′it] vt. [< L depositus, pp. of deponere, to put down < de , down + ponere, to put: see POSITION] 1. to place or entrust for safekeeping 2. to put (money) in a bank, as for safekeeping or to earn interest 3. to put down as… … English World dictionary
set — [adj1] decided agreed, appointed, arranged, bent, certain, concluded, confirmed, customary, dead set on*, decisive, definite, determined, entrenched, established, firm, fixed, hanging tough*, immovable, intent, inveterate, ironclad, locked in*,… … New thesaurus
Deposit Interest Retention Tax — (DIRT) is a form of tax on interest earned on bank accounts in Republic of Ireland that was first introduced in the 1980s. In Ireland, income from any source is reckonable for taxation purposes. The Revenue Commissioners believed that the large… … Wikipedia
set — index adjust (resolve), assemblage, assess (appraise), assign (designate), cement, chain ( … Law dictionary
Deposit insurance — Experiences from bank runs during the Great Depression led to the introduction of deposit insurance in the US … Wikipedia
deposit — /di poz it/, v.t. 1. to place for safekeeping or in trust, esp. in a bank account: He deposited his paycheck every Friday. 2. to give as security or in part payment. 3. to deliver and leave (an item): Please deposit your returned books with the… … Universalium
set — I (New American Roget s College Thesaurus) v. place, put, station; arrange, prepare; establish; mount; adjust, regulate; fix, assign, appoint; plant, set out; overthrow, unsettle; sink, go down; solidify, jell, harden; start out. See location,… … English dictionary for students
deposit — noun 1》 a sum of money placed in a bank or other account. 2》 a sum payable as a first instalment or as a pledge. ↘a returnable sum paid to cover possible loss or damage. 3》 a layer or body of accumulated matter. 4》 the action of depositing… … English new terms dictionary
