- Term deposits taken
- Accounts which contain all deposits taken from banks and non-banks with a fixed original maturity.
International financial encyclopaedia . 2014.
Term deposits taken
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Deposits taken term — Funds taken by the bank from customers and placed in deposit accounts for a fixed term. These funds are available to be repaid to the customer only at the end of the fixed, pre determined period of time. Often called CD (certificate of deposit) … International financial encyclopaedia
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