– To place money in a bank or similar institution in order to earn interest or for safekeeping. – To give money in part payment

A person who has deposited money in a bank or similar institution. (source: http://www.thefreedictionary.com/depositor)

The act whereby a bank returns a bill for an insufficient balance on the client account.

A legal document that removes a previous claim or lien on an asset. A deed of release is usually issued once a mortgage or other

Whether a debit or a credit increases or decreases an account balance depends on the type of account. Asset and expense accounts are increased on

A bank account entry subtracting a specific amount of money; the opposite of a credit.

Sum charged by a financial institution or broker dealer for safekeeping or custody services, holding securities on behalf of the client.

Form of transactional account that offers various flexible payment methods to allow customers to distribute money directly to others. Most current accounts come with a