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Definitions from the WebCheckable DepositsDescription:Checkable deposits refer to the funds deposited in a financial institution that can be easily accessed by writing a check or using a debit card. These deposits are often held in a demand deposit account, which allows the account holder to make frequent withdrawals and payments using checks or electronic transactions. Sense 1:Noun - Plural: checkable deposits A type of deposit account offered by banks and other financial institutions, allowing individuals and businesses to conveniently access their funds through checks or electronic transactions. Example sentence: John's checkable deposits in the bank ensure that he always has immediate access to his money whenever he needs it. Sense 2:Adjective - Comparative: more checkable, Superlative: most checkable Referring to the degree of accessibility or ease with which a deposit can be accessed or withdrawn through various payment methods such as checks or electronic transfers. Example sentence: The bank account with checkable deposits offers a more convenient way to manage daily financial transactions compared to a savings account. Sense 3:Verb - Third person singular: checkable, present participle: checkable, past tense: checkabled, past participle: checkabled The act of verifying the availability or validity of a deposit, usually by the bank or financial institution's personnel. Example sentence: The bank teller checkable the deposit made by the customer to ensure all necessary information was provided correctly. Related Products: | ||||
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