Deposit definition is - to place especially for safekeeping or as a pledge; especially, economics : to put in a bank. How to use deposit in a sentence.
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Deposit definition is - to place especially for safekeeping or as a pledge; especially, economics : to put in a bank. How to use deposit in a sentence.
1 the actofplacing money with a bank. Thus, a deposit account is a bank account that pays interest but that imposes the requirement of notice (or a penalty in terms of interest) before withdrawal can be effected; a deposit receipt is an acknowledgement by the bank that sums have been deposited and are being held for the account of the depositor; a certificate ofdeposit is a financial.
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Telephonic depositions are allowed under the federal rules and are acceptable in most states. The procedures for a telephonic deposition are the same as for a regular deposition, although it is preferable (and sometimes required) that the examining attorney state for the record that the deposition is being taken over the telephone.
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What is a Deposition? At a deposition, a person appears at a specified time and place and gives sworn testimony -- under oath, usually with a court reporter present so that a record is made. Depositions typically occur during the discovery phase of a lawsuit (after filing of a lawsuit, but before trial or settlement). Through the use of a subpoena, a person can be compelled to attend the deposition.
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