MLchartDataset catalogue

Deposit account

Term · Law · MLC-T-LAW-001574

A financial account maintained by a bank or other financial institution where funds are held for a customer. These accounts include checking accounts, savings accounts, and money market accounts. Funds in a deposit account are typically insured by government agencies up to a certain limit, such as by the Federal Deposit Insurance Corporation (FDIC) in the United States.

Table 1. Record
IdentifierMLC-T-LAW-001574
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-001574",
  "term": "Deposit account",
  "field": "Law",
  "definition": "A financial account maintained by a bank or other financial institution where funds are held for a customer. These accounts include checking accounts, savings accounts, and money market accounts. Funds in a deposit account are typically insured by government agencies up to a certain limit, such as by the Federal Deposit Insurance Corporation (FDIC) in the United States.",
  "url": "https://mlchart.com/terminology/law/deposit-account/"
}

Record 1,441 of 5,445 in Law terminology (MLC-0107). Request the full dataset.