Deposit definition

Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.
Deposit means a sum of money deposited with the Competition as part of the requirements of membership of the Competition.

Examples of Deposit in a sentence

  • The Security Deposit is non-refundable in the event you cancel your application after the 7 day period.

  • If approved, the Pet Deposit will be $200.00 ($100.00 of which is refundable).

  • Funds not needed for short-term cash flow requirements will be invested in diversified instruments with diversified maturities and be readily marketable in the secondary market or, in the case of Certificates of Deposit, redeemable with or without penalty.

  • On the FFIEC 041, report the total of all interest-bearing deposits included in Schedule RC-E, Deposit Liabilities.

  • Deposit accounts "due to" other depository institutions that are overdrawn (report in Schedule RC-C, part I, item 2, "Loans to depository institutions and acceptances of other banks").


More Definitions of Deposit

Deposit shall have the meaning set forth in Section 3.1.
Deposit means the amount set out and referred to as the deposit in the Acceptance Form (and that is separately set out in the Schedule of Fees);
Deposit has the meaning set forth in Section 2.2(a).
Deposit means any advance payment required by the Supplier in relation to the Hire Goods which is to be held as security by the Supplier;
Deposit means a deposit with the Society by any Person and includes a loan to the Society and a subordinated deposit (that is, a deposit which, on a winding up, would fall to be repaid only after repayment in full had been made to the holders of Shares other than Deferred Shares);
Deposit has the meaning set forth in Section 2.2.
Deposit means a mineralized body which has been physically delineated by sufficient drilling, trenching, and/or underground work, and found to contain a sufficient average grade of metal or metals to warrant further exploration and/or development expenditures; such a deposit does not qualify as a commercially mineable ore body or as containing mineral reserves, until final legal, technical and economic factors have been resolved;