deposit in transit Definition

deposit in transit

Definition

A deposit that has been made but has not yet been posted by the bank and therefore is not yet reflected in the account balance.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

clear -

Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

deposit in transit in the news

Tools

deposit in transit is ...

... part of the Banking subject.

Nearby Terms

Department of Housing and Urban Development
dependency ratio
dependent
depletion
deposit
deposit in transit
deposit insurance
Deposit Insurance Fund
deposit multiplier
deposit slip
deposit transfer

Search volume for deposit in transit

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice