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02:16 Apr 19, 2021 |
Spanish to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Adrian MM. Austria | ||||||
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4 +1 | fixed-term deposit receipt |
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3 +2 | US Am.: Certificate UK: Memorandum of Time-Deposit Agreement |
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fixed-term deposit receipt Explanation: I would say -------------------------------------------------- Note added at 5 mins (2021-04-19 02:21:44 GMT) -------------------------------------------------- A Fixed Deposit Receipt is proof that the depositor has kept a certain amount for a specified time period at the prevailing fixed rate of interest locked in the bank. This receipt or document contains every single detail of the scheme. -------------------------------------------------- Note added at 8 mins (2021-04-19 02:24:22 GMT) -------------------------------------------------- Fixed Deposits (FDs) are the most common instruments of saving and investment for the masses in general. An FD provides the depositor with guaranteed returns in the form of interest on the amount invested. Fixed deposits carry minimum risk and offer higher rate of interest in comparison to a savings bank account. The date of maturity is pre-selected by the depositor. All banks offer the facility to open FDs from the retail branch, online as well as through mobile/phone applications. Once you open an FD, the bank will provide a Fixed Deposit Receipt (FDR) as an acknowledgement of investment. The acknowledgement slip contains important details regarding your FD. -------------------------------------------------- Note added at 9 mins (2021-04-19 02:26:09 GMT) -------------------------------------------------- Every time you enter the bank to open a deposit, you might be taken a back, when the bank talks about a term deposit, whereas you actually want to open a fixed deposit. Is there a difference between term deposit and fixed deposit? Actually, there is no difference between a term deposit and a fixed deposit. Both are one and the same. Most bankers tend to use the word term deposit. Read more at: https://www.goodreturns.in/classroom/2016/06/what-is-the-dif... -------------------------------------------------- Note added at 13 mins (2021-04-19 02:29:57 GMT) -------------------------------------------------- The Bank issues receipt (Term Deposit Receipt - TDR) for amounts kept in each fixed deposit account. ... In the absence of specific instructions from the customer, a Term Deposit on maturity is automatically renewed for the same period at the rate of interest prevailing on the date of maturity. -------------------------------------------------- Note added at 14 mins (2021-04-19 02:30:59 GMT) -------------------------------------------------- suerte y saludos MEW |
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US Am.: Certificate UK: Memorandum of Time-Deposit Agreement Explanation: I'm none too sure about a voucher or receipt cf. proof in West. Memorandum of Deposit in UK banking is sthg else, namely a Pledge of Docs., Deeds + Valuables cf. 'memorandum of deposit of fixed deposit receipts' in certain other Brit. Commonwealth countries. -------------------------------------------------- Note added at 1 jour 5 heures (2021-04-20 07:25:58 GMT) -------------------------------------------------- OK, Maria. I - after myself working in the City of London pre-Internet up to 40 years ago - would now call these vouchers: ' 'time-deposit contract slip/s' https://onlinecheckwriter.com/deposit-slip/ Example sentence(s):
Reference: http://www.proz.com/personal-glossaries/entry/18260294-dep%3... Reference: http://www.bankerstrust.com/certificate-of-deposit-cd-agreem... |
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