Sentences with phrase «hold deposit money»

Not exact matches

As of December 31, 2013 and 2014, cash and cash equivalents consisted of cash in bank deposits and money market accounts held at financial institutions.

All of my long - term investments are held in four different accounts, three of which are tax advantaged (Roth IRA, a 401k, and an SEP - IRA), meaning I get a tax benefit either when I deposit or withdrawal the money.

Growth in the broader money aggregates also picked up in the middle of the year, but has subsequently slowed, reflecting fluctuations in the growth of corporate holdings of certificates of deposit.

If this new legislation is passed, it will likely just require that banks hold onto more money for emergencies, in reserves, rather than actually separate deposits and lending activities from speculative ones.

You said money transfer laws don't apply because Abra is not holding customer deposits and managing the transfer of the funds themselves.

It is notable that the 3 - month Treasury bill yield dropped to 0.11 % from 0.15 %, which is actually a good sign in the sense that it will facilitate the willingness to hold the additional base money the Federal Reserve has created in recent weeks without immediate inflation pressures, though it clearly comes at the expense of individuals on fixed incomes who rely on interest on certificates of deposit and the like.

Factors such as the Fed choosing to pay interest on bank reserve deposits, the large cash holdings of big firms, and the persistent regime uncertainty that makes lending / investing seem particularly risky these days can together explain the reluctance of the banks to turn the monetary base into money via the multiplier process.

Assuming 1) all banks face a 10 percent requirement, 2) no one takes wants outside money, and 3) no banks hold excess reserves, the system will create $ 10,000 based on that original $ 1,000 deposit.

the secretary of the party must lodge with the Electoral Commission, by noon on nomination day, a deposit (in the form of money, a bank draft, or a bank cheque) of the amount payable under section 146F (1) for a constituency candidate nominated in a bulk nomination schedule, unless the Electoral Commission holds the amount of the deposit paid under section 146F (1) in respect of the candidate whose nomination was withdrawn or (as the case may be) who died or became incapacitated.

If you wish to provide money for an inmate while they are at the Holding Center, you may deposit it at the cashier's window located on the first floor near the Delaware Avenue entrance during the hours specified below:

He explained that in early January, Osunbuyi and Fanibi were held by the Area M, police command on the allegation of collecting money under false pretense from Omoyelu to procure a Highlander Jeep to the tune of N2.2 million which had been deposited for in Cotonu, Republic of Benin.

I got up this morning feeling more energised than usually so I'm off to a good start of getting my errands in order and also cleaning the apartment since the 1st showing to new tenants is today and I want to leave a good impression on the landlord as well since he's still holding our «deposit» money that we gave him a year ago in case that we somehow make big damages in this apartment so then they would take that money to compensate the «loss».

Each student gets a deposit book to track their savings, deposit slips (PDF) to make their deposits, and a deposit bag to hold both, as well as a piggy bank to save their money over the summers.

I wasn't able to do a 30day credit on my deposit so my financing manager gave me great news that he would hold my deal til my deposit money came.

Buyers who back out after securing a home loan will lose their earnest money deposit, which is often held in an escrow account until closing.

You'll typically use a third - party escrow agent such as the title company, to hold your earnest money deposit in an escrow account.

2 To be eligible for the savings promotion: A Silver Savings account, with new money not currently held by Hancock Whitney, must be opened by 07/31/18, with a minimum opening deposit of $ 20,000 or more.

The minimum initial deposit you make on the card is $ 250 is held in a USAA Bank 2 year interest - bearing Certificate of Deposit (CD) account, so the more money you devote to your credit limit, the more dividends you can earn.

Instead, you can look for a secured credit card, which requires that you deposit money into the account that is then held as collateral against default.

The deposits held in an ordinary online savings account are protected against bank failure by the FDIC, and you can get quick access to your money whenever you need it.

It launched in April of 2008, so is still fairly new to the bank All money deposited in a SmartyPig account is held by West Bank of Des Moines, Iowa, and is FDIC insured up to the normal $ 250,000 limitations.

When you have a CD, you deposit the money and the bank holds onto it for a term (a predetermined period of time), during which it earns interest.

However, the best part of all this is that when the loan is paid off, the security deposit your landlord is holding is actually your money!

Money Supply The amount of money in the economy, consisting primarily of currency in circulation plus deposits in banks M - 1 U.S. money supply consisting of currency held by the public, traveler's checks, checking account funds, NOW and super-NOW accounts, automatic transfer service accounts, and balances in credit unMoney Supply The amount of money in the economy, consisting primarily of currency in circulation plus deposits in banks M - 1 U.S. money supply consisting of currency held by the public, traveler's checks, checking account funds, NOW and super-NOW accounts, automatic transfer service accounts, and balances in credit unmoney in the economy, consisting primarily of currency in circulation plus deposits in banks M - 1 U.S. money supply consisting of currency held by the public, traveler's checks, checking account funds, NOW and super-NOW accounts, automatic transfer service accounts, and balances in credit unmoney supply consisting of currency held by the public, traveler's checks, checking account funds, NOW and super-NOW accounts, automatic transfer service accounts, and balances in credit unions.

In accordance with Australian client money rules, FXCM Australia's client funds are held in segregated bank accounts with an Australian authorised deposit - taking institution branch of Commonwealth Bank of Australia, and held separately to FXCM Australia's corporate / operational funds accounts.

Also, make sure you are making the deposit payable to a real estate brokerage, law firm, escrow firm, or title company so you know the money is being held safely until your transaction is complete.

The money you put down as a security deposit for the Citi ® Secured Mastercard ® will be tied up in a collateral holding account, for a period of 18 months.

Any consumers with extra financial resources might consider purchasing a certificate of deposit to diversify their holdings and make their money work for them.

However, it is beneficial for a person to hold an account with the Bank as the money can be conveniently deposited into the Bank account directly.

An interesting side note of course is the RESP funds on deposit are almost always held with financial institutions so to some extent, there's a benefit to them in allowing the money to stay on deposit.

You are depositing your money with a broker and trusting them to hold it for you in a secure account.

Credit builder loans are essentially loans where the money you borrow is held by the lender in a deposit account — in this example from Republic Bank, an interest - bearing CD.

The amount deposited with a neutral third - party, called an escrow agent, who holds the borrower's escrow payments to disburse and distribute monies to proper parties involved in a real estate transaction.

The benefit is that the money gets credited against your overdrawn bank balance as soon as it is deposited, unlike the holding period some banks may place upon a check before fully crediting your funds.

Like a savings account, a money market account holds deposits that earn interest.

Grow your savings in a product that pays a competitive interest rate and enjoy the security of having your money held in a bank account eligible for deposit insurance coverage by the Canada Deposit Insurance Corporation.

When you deposit money through SogoMarketRiders, your money is held at SogoTrade, a FINRA member broker - dealer and SIPC insured, with instructions to buy ETFs based on your desired asset allocation.

These funds are used for a variety of purposes, including superior returns versus money market funds, as temporary deposits for investment capital and as defensive holdings during times of high market volatility.

Commercial banks act as managers for deposit accounts for businesses and individuals, although they are primarily focused on business accounts, and they make public loans through deposit money that they hold.

During this hold period, you won't have access to the money you deposited.

With secured cards, since you have to put down a security deposit which becomes your credit limit (say $ 500), and this money does not gain interest, it seems like you are giving a third party your money (interest free) to hold for you when you need it.

If an investor put money in this CD, held the CD for only four months and paid a penalty for early withdrawal, he or she would be better off than having earned the best available money market deposit account yield of 1.35 %.

A sum of money deposited in trust by the purchaser when making an offer to be held in trust by the vendor's agent, broker, lawyer or notary until the closing of the transaction.

Letting a bank to which you owe money hold all of your deposit accounts is akin to letting your loan shark hold onto your wallet.

You acknowledge and pledge to the Credit Union a statutory lien in my / our shares and dividends on deposit in all joint and individual accounts and any monies held now and in the future, to the extent of any loan made and any charges payable.

You will be able to make deposits (holds may apply), withdraws, transfer funds between accounts, balance inquiries, make loan payments and purchase official checks and money orders (availability of service and fees could vary at each location).

HSBC Choice Checking $ 200 Welcome Deposit: For this offer, New Money is defined as deposits not previously held by any member of the HSBC Group in the U.S. Accounts / Assets that are ineligible for New Money include: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts including but not limited to IRAs, Keogh, Simple IRAs, and 401 (k) Plans; UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts and estate accounts.

Never deposit anything else, like a check for a friend, or money that belongs to someone else that you're just holding on to.

So, this can include your bank account, money market accounts, and similar deposit holdings that usually return interest in small amounts, particularly with today's low interest rates.

Whatever is not required to be held as reserves is then lent out again, and through the magic of the «money multiplier», loans and bank deposits go up by many times the initial injection of reserves.