– 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.

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

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