Sentences with phrase «as a deposit in»

If you have been denied a credit card in the past, you may want to investigate a secured credit card, where you put a pre-determined amount of money in an account as a deposit in the bank.

Dividends paid from money market accounts, such as deposits in savings banks, credit unions or other financial institutions, do not qualify and should be reported as interest income.

A TD Bank GIC will be considered as a deposit in another institution.

You can earn a 10 % bonus if you redeem your cash back as a deposit in a Bank of America checking or savings account.

3) At the time you file your tax return, you should include the «tax cost» of your lending club activity as a DEPOSIT in your xirr -LRB--RRB- calculation.

Your security deposit determines the limit that you may charge up to, and is held as a deposit in the Collateral Account.

Second, the dividend can be kept with the insurance as a deposit in order to generate interest much like a regular savings account.

The mere fact that this sum of money is referred to as a deposit in the Agreement, is enough for Ontario courts to consider it to be something which the buyer is willing to forfeit in the event of default.

Not exact matches

Put it in an RRSP cash account such as a high - interest savings account or short - term GIC, or simply deposit it in a registered brokerage account without buying anything.

In the lending world, the players at the upper end of the market include the banks and monoline firms, such as First National Financial, which issue mortgages but do not take deposits.

The Wall Street Journal today observed in reference to the efforts by the biggest banks - such as JPMorgan Chase, Bank of America, and Wells Fargo - to attract deposits:

As official interest rates in various countries approached zero, there was talk that going negative — effectively requiring private lenders to pay to deposit their excess reserves at central banks.

While deposits in checking and savings accounts can be volatile, as people might draw their money out all at once (run on the bank), CDs provide much needed funding stability, so banks are willing to pay a little more.

Some in the Canadian banking establishment regarded its generous interest rates on deposits — they began at 4 %, at least double that offered by Canada's dominant Big Six banks — as risible folly.

The amount of interest paid on savings accounts in Canada vary by institution, product, client type, as well as deposit balance.

As with other informal networks, a deposit in the Philippines might be credited to an account in Macau or China, even though the money stays in Manila.

CBA is seen as a stable part of life in the country of 24 million where most people have had a mortgage, insurance policy or regular savings account with CBA at some point - often starting with its famed «Dollarmites» deposit account for school children.

The geophysicist at Rice University in Houston estimates we have the second - largest deposits of crude oil in the world — as much as 2.5 trillion barrels of bitumen buried in the oilsands of Alberta.

Around 18 % of private - pension money was invested in domestic and foreign equities, and 39 % in savings and deposits as of March 2015, according to the Japan Defined - Contribution Pension Plan Administration.

The 46 - year - old Rickford, who has served as MP for Kenora since 2008, retains responsibility for economic development in Northern Ontario, including the region's Ring of Fire mineral deposit.

Whereas a small business owner may have previously used one account to pay the company's accounts and personal expenses, as a corporate shareholder, he now needs to receive a regular salary from the corporation, deposit it in a separate account, and pay his personal expenses from that account.

Moody's had already cut Royal Bank's long - term deposit rating to Aa3 from Aa1 in June as part of a move to cut the credit ratings of 15 of the world's largest banks, including Bankof America, JPMorgan Chase, Citigroup and Goldman Sachs.

Those who registered as buyers paid 1 million yuan up front and shown proof that they had at least 2.85 million yuan in deposits, for a chance to participate in the lottery.

Some companies with ESOPs respond by keeping spare cash in such safe, liquid investments as bank certificates of deposit.

Reserves tumbled from $ 36 billion before the uprising to around $ 17.5 billion in May this year, and foreign currency reserves have been further drained this month as Egypt returned a $ 1 billion deposit to Qatar and paid $ 720 million in fees to the Paris Club.

As of Wednesday, customers in 30 different E.U. countries can deposit money into Uphold via bank transfer or from credit and debit cards.

The firm's deposits grew by $ 96 billion, or 7.9 %, in the past year to reach $ 1.31 trillion as of June 30, 2017, according to the FDIC.

As of March 31, 2018, Yandex had cash, cash equivalents and term deposits of RUB 95.2 billion ($ 1,662.2 million), including cash, cash equivalents and term deposits of Yandex.Taxi in total amount of 26.2 billion ($ 457.5 million).

However, if you want to take advantage of the latest trends — such as banking on your mobile phone or making deposits in ATM machines without deposit slips — a big bank is likely to stay more current with new technology, Hausinger says.

Solely for the purpose of determining the date on which debt allocated to an account under paragraph (c)(4)(i) of this section is reallocated, the taxpayer may treat all expenditures made during any calendar month from debt proceeds in the account as occurring on the later of the first day of such month or the date on which such debt proceeds are deposited in the account.

A carry trade is typically based on borrowing in a low - interest rate currency and converting the borrowed amount into another currency, with proceeds placed on deposit in the second currency if it offers a higher rate of interest or deploying proceeds into assets — such as stocks, commodities, bonds, or real estate — that are denominated in the second currency.

With 1 percent as the cost of funds for a $ 10,000 cash advance, assume an investor invested this borrowed amount in a one - year certificate of deposit that carries an interest rate of 3 percent.

In this enviornment, depositors do not want to place all their deposits in a bank doing business as usuaIn this enviornment, depositors do not want to place all their deposits in a bank doing business as usuain a bank doing business as usual.

A secured line of credit is a line in which the borrower puts up collateral as a security deposit on the line of credit.

In those cases, you'll sometimes be forced to put up a deposit (as much as several hundred dollars!)

in investing to simply buy Vanguard's balanced index fund, set up an automatic deposit, and never look again, the fact is I would be nearly just as well off if I did currently, and may look back one day less well off for not having done so.

Money market accounts, or MMAs, are typically defined as deposit accounts that pay higher interest in exchange for larger deposits, heftier minimum balances and a few more restrictions than what would be typical for standard savings accounts.

Although the terms «savings account» and «money market account» are found throughout international banking systems, what is understood as a «CD» in the U.S. is similar to what another country might call a term deposit, personal saving certificate and fixed - term deposit accounts.

You can quickly retrieve information on your account holdings and history, view and download frequently used forms and process many transactions such as, sale of shares, address changes, enroll in the dividend reinvestment plan, sign up for direct deposit of dividends and more.

These features include the availability of physical cash and a behavioral aversion by some money market investors to investing at negative rates, and also encompass certain unique features of money markets in the United States, such as legal and regulatory incentives applicable to money market mutual funds and the ability of the government - sponsored enterprises to leave unremunerated deposits at the Federal Reserve.23

However, standard fees apply to all non-electronic transactions, such as a $ 2.00 charge for every paper debit or cheque, a $ 3.50 charge for every paper credit or deposit and a $ 5.00 fee for every $ 1,000 cash deposited in - branch.

In contrast, accounts that guarantee at least the return of your original balance — like certificates of deposit or money market accounts — are always covered, as long as the issuing bank or credit union participates in deposit insurancIn contrast, accounts that guarantee at least the return of your original balance — like certificates of deposit or money market accounts — are always covered, as long as the issuing bank or credit union participates in deposit insurancin deposit insurance.

Quick answer: no, as the European Central Bank, which has an inate fear of inflation, felt compelled on Thursday by the economic crisis in Europe to cut its benchmark interest rates by 0.25 percentage points, bringing the refinancing rate to a record low of 0.75 % and the overnight deposit rate to zero.

Just as the pack of gum that costs a dollar will cost $ 1.02 in a year, assuming 2 % inflation, a savings account that was worth $ 1,000 would be worth $ 903.92 after 5 years, and $ 817.07 after 10 years, assuming that you earn no interest on the deposit.

This is because in China the gap between lending and deposit rates during this century has been much higher than in other developing countries, probably as part of the process of recapitalizing the banks after the last banking crisis at the turn of the century.

From what I can tell if you are paying less taxes on the income you are depositing than the extra you would be able to deposit into a pre-tax retirement account it makes sense to utilize a roth ira as long as you plan to hold the ira until retirement and your retirement is more tha 5 years in the future.

First, substantial direct or indirect wealth transfers from the state sector to Chinese households will unleash a surge in household consumption as household income rises (and because the interest on bank deposits is an important source of income for most middle and lower middle class households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).

Money market funds invest in highly liquid, short - term securities, such as Treasury bills and certificates of deposit.

After selecting the product that works best for your business, money is deposited in as little as one day.

The MemoryBank EarnMore Account can earn 1.60 % APY in the first twelve months, so long as you meet a monthly minimum of one direct deposit and 5 debit card uses.