What is Deposit?
1. A transaction involving a transfer of funds to another party for safekeeping.
2. A portion of funds that is used as security or collateral for the delivery of a good. Read more for examples and further explanation including related video clips and also comments
Example explains Deposit
1. This type of deposit is identical to the money an investor transfers into a bank’s savings or checking accounts.
2. Some contracts require a percentage of funds to be transferred before delivery as an act of good faith. An example is the initial margin deposit required for entering into a new futures contract.
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