Direct Deposit Definition Of Direct Deposit By The Free Dictionary
Result for: Direct Deposit Definition Of Direct Deposit By The Free Dictionary
Define direct deposit. direct deposit synonyms, direct deposit pronunciation, direct deposit translation, English dictionary definition of direct deposit. n. The electronic transfer of a payment directly from the account of the payer to that of the party being paid.
an arrangement in which money is moved electronically into a bank account: I get paid by direct deposit. SMART Vocabulary: related words and phrases. Saving money. bank. deposit account. depositor. interest rate. ISA. money box. on deposit idiom. pension plan. put something by. redeposit. retirement plan. salt something away.
Mar 6, 2024 : a method of payment in which money is transferred to the payee's account without the use of checks or cash. Examples of direct deposit in a Sentence. Our employees are paid by direct deposit.
an arrangement in which money is moved electronically into a bank account: I get paid by direct deposit. SMART Vocabulary: related words and phrases. Saving money. bank. deposit account. depositor. interest rate. ISA. money box. on deposit idiom. pension plan. put something by. redeposit. retirement plan. salt something away.
How to use . direct deposit in a sentence Its more important than ever to file electronically and choose direct deposit for your refund, Ken Corbin, the IRSs wage and investment commissioner and its new chief taxpayer experience officer, said during a press call this month.
Define Direct Deposits. Direct Deposits synonyms, Direct Deposits pronunciation, Direct Deposits translation, English dictionary definition of Direct Deposits. n. The electronic transfer of a payment directly from the account of the payer to that of the party being paid. American Heritage Dictionary of the English...
How to use . direct deposit in a sentenceOne of the few accomplishments he is praised for is instituting direct deposit to help curb corruption.
( drkt dpzt ) Word forms: (regular plural) direct deposits. noun. ( Finance: Banking) A direct deposit is money transferred directly into a bank account. Direct deposit is commonly used for payroll in the US without a paper paycheck being issued. Security recipients receive their payments through direct deposit .
the system of moving money electronically from one bank account to another. by direct deposit The school district pays teachers by direct deposit. Take your English to the next level. The Oxford Learners Thesaurus explains the difference between groups of similar words. Try it for free as part of the Oxford Advanced Learners Dictionary app.
Mar 12, 2024 Direct deposit is the deposit of funds electronically into a bank account rather than through a physical, paper check. It requires the use of an electronic network that allows deposits to...
( drkt dpzt ) Word forms: (regular plural) direct deposits. noun. ( Finance: Banking) A direct deposit is money transferred directly into a bank account. Direct deposit is commonly used for payroll in the US without a paper paycheck being issued. Security recipients receive their payments through direct deposit .
Direct deposit is the electronic transfer of money from a payer, such as your employer or a government agency, directly into a bank account you designate. Direct deposit is faster and cheaper than sending a check and also more secure, which is why both payers and banks prefer this system.
Noun [ edit] direct deposit (plural direct deposits) ( finance, banking, business) A deposit of money straight from the source (and initiated by the source) into a bank account, by wire, or other means. You can pay by direct deposit, check, or cash. Translations [ edit] deposit of money. en:Finance. en:Business.
noun. The electronic transfer of a payment directly from the account of the payer to that of the party being paid. American Heritage. A deposit of money straight from the source (initiated by the source) into a bank account, by wire, or other means. Method of payment: direct deposit, check, or cash. Wiktionary. Advertisement.
An electronic service in which a payment, especially but not limited to a paycheck, pension, or tax refund, is transferred immediately into the recipient's bank account. The direct deposit replaces a check for which the recipient would otherwise have to wait to arrive in the mail.
direct deposit vs a direct deposit free with direct deposit wire transfer/direct deposit
Britannica Dictionary definition of DIRECT DEPOSIT. [noncount] US. : a way of paying someone so that the money is sent directly into the person's bank account without the use of checks or cash. Our employees are paid by direct deposit.
Direct Deposit Meaning: In deposit terminology, the term Direct Deposit refers to the deposit of money made into a bank account directly from an employer to an employee. Direct Deposit also includes tax refunds.
Oct 1, 2019 Direct deposit is a method of payment where a paying party, such as an employer or government agency, electronically transfers a payment in cash from its bank account into the bank account of the payee. Salaries and tax refunds are examples of payments commonly made through direct deposit. Why Does Direct Deposit Matter?
A service that electronically transfers all or part of any recurring paymentincluding dividends, paychecks, pensions, and Social Security payments directly to a shareholder's account.
TheFreeDictionary. direct deposit. (redirected from Direct deposit service) Also found in: Financial . direct deposit. n. The electronic transfer of a payment directly from the account of the payer to that of the party being paid. American Heritage Dictionary of the English Language, Fifth Edition.
Definition of direct deposit noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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