Pre-Encashable Deposit

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Definition: Pre-Encashable Deposit

Pre-Encashable Deposit
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Full Definition of Pre-Encashable Deposit

A flexible deposit instrument, typically a term deposit, CD or GIC, which allows for withdrawals without penalty on the principal. Generally includes some minimum deposit, or length of time before a withdrawal may be made.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/pre-encashable-deposit/
Modern Language Association (MLA):
Pre-Encashable Deposit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/pre-encashable-deposit/.
Chicago Manual of Style (CMS):
Pre-Encashable Deposit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/pre-encashable-deposit/ (accessed: April 24, 2024).
American Psychological Association (APA):
Pre-Encashable Deposit. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/pre-encashable-deposit/

Definition Sources

Definitions for Pre-Encashable Deposit are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.