investment deposit definition

investment deposit means a deposit held at call or otherwise as an investment under section 51 of the Act;

investment deposit means the funds invested in the Investment Deposit Account.

investment deposit means a deposit held at call or otherwise as an investment under section 51 of the Act; “protection deposit” means a deposit, held at call, of

Examples of investment deposit in a sentence

• The term of the investment in respect of the Islamic Term Investment Deposit shall start from the Business Day on which the funds are deposited according to specific terms of 1, 3, 6, 9 or 12 months or such other tenors as may be offered by the Bank from time to time.

• The terms and conditions of the Current Account / Savings Account / Investment Deposit Account / Term Deposit Accounts shall applyto the Joint Account and shall be an integral part of these Terms and Conditions and complement them in a manner that shall not prejudice the terms and conditions of the Joint Account.

• The yield is calculated for the period of actual use of the Investment Deposit since the drawdown date.

• The terms of each Advance or commitment for an Advance shall be conclusively established by this Agreement and by either (1) the Member’s Application when such Application is executed by the Bank without any change; (2) in the case of a telephonic application received, completed, or modified by the Bank, by a Confirmation of Advance generated by the Bank; or (3) in the case of an open line of credit Advance, the Member’s Daily Investment Deposit Statement (“DIDS”).

• The Investment Deposit repayment day should not be calculated in interest.

More Definitions of investment deposit

investment deposit means a deposit for a fixed or unlimited term (whether a Savings Account, Special Savings Account/Call Investment Account or a Term Investment Deposit) in which the Account Holder (being the Rabb Al Mal) authorises the Bank (as the mudarib or investment manager) to invest the deposit on the basis of an unrestricted (discretionary) Mudaraba contract in accordance with the principles of the Shari’ah.

investment deposit means an amount accepted as an investment by a society and which is repayable after a period of notice;

investment deposit means time deposits, sav-

investment deposit means a deposit held at call or otherwise as an investment under section 51 of the Act; “protection deposit” means a deposit, held at call, of tuition, boarding, accommodation or other fees by or

investment deposit means any deposit placed with and accepted by the Bank as an investment, linked or structured deposit where the payment or repayment of principal, interest, bonus, moneys, profits, return, distributions or other amounts will be calculated, determined or ascertained, in whole or in part, by reference, directly or indirectly to a single or a basket of equities, securities, indices, goods, commodities, currency exchange rate, interest rate, credit of a specified entity, or any other subjects, matters or things (as may be determined by the Bank) on such terms and conditions as may be specified in the relevant Supplemental Terms (as defined in Clause 2.2), and “Investment Deposits” shall be construed accordingly;

investment deposit means the initial after-tax investment required by each Participant electing to participate in the entire POA program as provided the Participant’s Employment Contract.

investment deposit the amount of RMB5 million;