Term Deposit in a sentence
Synonym: fixed deposit, savings.
Meaning: A bank deposit held for a fixed period.
(1) I have set up an automatic renewal for my term deposit.
(2) I received a monthly interest payment on my term deposit.
(3) The term deposit I opened has a maturity period of one year.
(4) The term deposit provides a guaranteed return on investment.
(5) I received a lump sum payment at the end of my term deposit.
(6) I am considering reinvesting my term deposit once it matures.
(7) The interest earned on a term deposit is subject to taxation.
(8) I have chosen a six-month term deposit to maximize my returns.
(9) I chose a short-term deposit to have access to my funds sooner.
(10) I compared different banks to find the best term deposit rates.
Term Deposit sentence
(11) The bank offers flexible terms for their term deposit accounts.
(12) I am considering investing in a term deposit to grow my savings.
(13) A term deposit is a secure way to earn interest on your savings.
(14) I am looking for a term deposit with flexible withdrawal options.
(15) I am comparing different banks to find the best term deposit rates.
(16) I received a certificate of deposit for my term deposit investment.
(17) I received monthly interest payments on my term deposit investment.
(18) I have decided to lock my money in a term deposit for a fixed period.
(19) The bank offers various term lengths for their term deposit accounts.
(20) I am diversifying my investment portfolio by including a term deposit.
Term Deposit make sentence
(21) I received a tax statement for the interest earned on my term deposit.
(22) I locked my money in a term deposit for a fixed period of three years.
(23) I am using a term deposit calculator to estimate my potential earnings.
(24) I received a substantial interest payout at the end of my term deposit.
(25) I am planning to open a term deposit account with my local credit union.
(26) The bank offers a range of term deposit options to suit different needs.
(27) I am monitoring the interest rates to decide when to open a term deposit.
(28) The bank requires a notice period for early withdrawal of a term deposit.
(29) I received a certificate of deposit after opening a term deposit account.
(30) The bank allows early withdrawal from a term deposit, but with a penalty.
Sentence of term deposit
(31) The bank offers competitive interest rates on their term deposit accounts.
(32) The bank requires a minimum deposit amount to open a term deposit account.
(33) I am satisfied with the returns I have earned from my term deposit so far.
(34) I plan to use the interest earned from my term deposit to fund a vacation.
(35) The bank offers automatic renewal options for their term deposit accounts.
(36) I prefer the security of a term deposit over investing in the stock market.
(37) The bank offers flexible term deposit options with varying maturity periods.
(38) I decided to invest my savings in a term deposit for a higher interest rate.
(39) I reinvested the interest earned from my term deposit to maximize my returns.
(40) The term deposit will mature in six months, and I can withdraw my funds then.
Term Deposit meaningful sentence
(41) The maturity value of the term deposit is calculated based on the interest rate.
(42) The bank statement provides details of the interest payable on the term deposit.
(43) I received a higher interest rate on my term deposit due to a special promotion.
(44) I decided to renew my term deposit for another year to continue earning interest.
(45) I locked my money in a term deposit for a fixed period to earn a guaranteed return.
(46) I decided to break my term deposit early to invest in a more lucrative opportunity.
(47) The fixed-term deposit offers a higher interest rate than a regular savings account.
(48) I am consulting with a financial advisor to determine the best term deposit strategy.
(49) The bank offers a variety of term deposit options to suit different investment goals.
(50) The interest rate on my term deposit is higher than that of a regular savings account.
Term Deposit sentence examples
(51) I plan to renew my term deposit for another fixed period to continue earning interest.
(52) I opened a joint term deposit account with my spouse for our long-term financial goals.
(53) The interest earned on a term deposit is usually higher than a regular savings account.
(54) I compared the interest rates offered by different banks before choosing a term deposit.
(55) I decided to diversify my investment portfolio by allocating a portion to a term deposit.
(56) I am considering breaking my term deposit early to take advantage of a better opportunity.
(57) I am considering splitting my savings between a term deposit and other investment options.
(58) I opened a joint term deposit account with my spouse to save for a down payment on a house.
(59) The bank offers a range of term deposit terms, from as short as 30 days to as long as 5 years.
(60) I decided to break my term deposit early to take advantage of a better investment opportunity.
(61) I consulted a financial advisor to determine the best term deposit strategy for my investment goals.
(62) I received a higher interest rate on my term deposit due to my long-standing relationship with the bank.
Term Deposit meaning
Term deposit is a financial term that refers to a type of investment where an individual or organization deposits a fixed amount of money with a financial institution for a specified period of time, known as the term. In return, the financial institution pays a fixed interest rate on the deposited amount, which is typically higher than the interest rates offered on regular savings accounts. When using the term deposit in a sentence, it is important to provide context and clarity to ensure that the meaning is conveyed accurately. Here are some tips on how to use the term deposit effectively in different contexts:
1. General Definition: - A term deposit is a secure investment option offered by banks and credit unions. - Many individuals choose to invest their savings in a term deposit to earn a higher interest rate.
2. Personal Finance: - I decided to open a term deposit account to save for a down payment on a house. - By investing in a term deposit, I can ensure that my money grows steadily over a fixed period.
3. Banking and Investments: - The bank offers various term deposit options with different interest rates and terms. - Investors often diversify their portfolios by including term deposits along with stocks and bonds.
4. Comparisons and Benefits: - Term deposits provide a guaranteed return on investment, unlike the stock market. - Although term deposits offer lower returns compared to riskier investments, they provide stability and security.
5. Maturity and Renewal: - My term deposit will mature next month, and I can choose to either withdraw the funds or reinvest them. - It is important to keep track of the maturity date of your term deposit to avoid any penalties or loss of interest.
6. Early Withdrawal and Penalties: - If you need to access your funds before the term deposit matures, you may incur penalties or lose some of the interest earned. - It is advisable to carefully consider your financial needs and goals before committing to a term deposit.
7. Interest Rates and Negotiation: - The interest rate offered on a term deposit may vary depending on the amount deposited and the length of the term. - Some financial institutions may allow negotiation of the interest rate for larger term deposits.
8. Tax Implications: - The interest earned on a term deposit is generally subject to taxation, so it is important to consider the tax implications when calculating the overall return on investment. - Consult with a tax professional to understand the specific tax rules and regulations related to term deposits in your jurisdiction. Remember, when using the term deposit in a sentence, it is crucial to provide accurate information and use appropriate grammar and punctuation. By following these tips, you can effectively communicate the concept and significance of term deposits in various contexts.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Term Deposit. They do not represent the opinions of TranslateEN.com.