Time Deposits definition

Time Deposits means all deposits, the payment of which cannot legally be required within 7 days.
Time Deposits means any funds invested by the Authority with an Eligible Institution for a specified period of time other than in a Certificate of Deposit. Section 202. Construction of Language. Except where the context otherwise requires, words importing the singular number shall include the plural number and vice versa.

Examples of Time Deposits in a sentence

  • We calculate interest as follows: • Time deposits earn interest at a fixed rate.


More Definitions of Time Deposits

Time Deposits means deposits repayable after a fixed period or after notice and includes saving deposits;
Time Deposits means all deposits, the payment of which cannot legally be required
Time Deposits shall have the meaning set forth in Section 3.05(b).
Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation and any federal or State savings and loan association which is a member of the Federal Deposit Insurance Corporation or its successors and which are secured or insured in the manner required by State law.
Time Deposits has the meaning specified in Section 5.02.
Time Deposits means Deposits that are time deposits or certificates of deposit.
Time Deposits means all deposit liabilities denominated in Sri Lanka currency accepted for a period of maturity and not withdrawable on demand and repaid with interest.